Friday, October 30th, 2026
Frank Pearl, president of the oil and gas association ACP, says a revived sector would add about CoP$20 trillion a year to the state, and some CoP$695 trillion through 2050 at today’s prices.
Arrow Exploration says corporate production has passed 6,500 barrels of oil equivalent per day (boed), a company record, on the back of drilling at the Icaco pad on the Tapir block in the Llanos basin.
Sociedad Portuaria El Cayao (SPEC) reported an operational failure in one of the four trains at its Cartagena LNG regasification unit, and the terminal will run at 400 mmcfd during repairs.
ONGC Videsh Limited (OVL), the overseas arm of India’s state-owned oil company, has reported positive results from the Milano-1X exploratory well on block CPO-5 in Meta department, with production potential of about 750 barrels of oil per day.
Vehicular natural gas (VNG) prices in Bogotá rose almost 20% overnight, which sources said reflects reduced availability of imported gas at the Cartagena regasification terminal.
SierraCol Energy lowered its 2026 production guidance to 39.5 to 41.5 mboed (thousand barrels of oil equivalent a day) from 41 to 44 mboed, after third-quarter output fell 3% from the prior quarter to 38.9 mboed.
Petrobras and Ecopetrol have completed a five-well exploration campaign in the deep waters of the Colombian Caribbean that ran for two and a half years and cost about US$1B.
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