Colombia’s Ministry of Mines and Energy and the National Hydrocarbon Agency (ANH) presented the 2025 Resources and Reserves Report (IRR 2025) on June 23, certifying that the country’s proven oil reserves held essentially flat at 2,020 million barrels as of December 31, 2025, with the reserves-to-production ratio (R/P) improving to 7.4 years from 7.2 despite a 4% drop in annual production and a 14% decline in average Brent prices.
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