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Ecopetrol’s new block

The Colombian offshore sector received a new boost, with the signing of the contract to develop the GUA-OFF 10 block.

 

Wednesday, July 31st, 2019
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More industry projects, more resources for the regions

According to Naturgas’ Orlando Cabrales, the development of unconventional projects will be an important tool for closing socio-economic gaps in Colombia. These and other stories in our periodic Royalties summary.

 

Tuesday, July 30th, 2019
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Canacol’s Jobo – Cartagena pipeline expansion is completed

Canacol Energy’s (TSX:CNE) CEO, Charle Gamba, spoke about the completion of the firm’s gas pipeline in the Colombian Caribbean.

 

Monday, July 29th, 2019
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Colombia tracking global indexes

Colombia tracking global indexes

We are now firmly in the third quarter and so it is time to look back at how the shares of Colombia-focused producers performed in the second quarter. The short answer is that they continued to track global indexes, indicating that big-picture forces are more important (at the aggregate level) than Colombia-specific forces.

Monday, July 29th, 2019
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ECP operates 54% of Colombia’s crude

ECP operates 54% of Colombia’s crude

The Colombian oil sector has shown signs of recovery during this year, and the increase in production is a clear proof of that. The National Hydrocarbons Agency (ANH) spoke about the role of Ecopetrol (NYSE: EC) and other companies in the operation of the country’s current production.

Wednesday, July 24th, 2019
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NOCs plans in the region

The National Oil Companies (NOCs) of Latin America have announced several plans to improve their operations amid a difficult economic environment. Ecopetrol (NYSE: EC), Pemex, Petrobras (NYSE: PBR), YPF and PDVSA face different challenges and are working on several strategies to overcome them.

Wednesday, July 24th, 2019
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CNE new discovery

Canacol Energy (TSX: CNE) announced positive results of the Ocarina 1 exploration well located in the VIM 5 block and the flow testing results of the Nelson 7 development well located in the Esperanza block. The company is the operator of both areas located in the Lower Magdalena Valley (VIM).

Tuesday, July 23rd, 2019
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Geopark 2Q19 operational update

Geopark 2Q19 operational update

Geopark Limited (NYSE: GPRK) announced its operational update for the three-month period ended June 30, 2019. The company reported an oil and gas production increase and development and exploration successes during this quarter.

Monday, July 22nd, 2019
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Amerisur to sell its assets?

The oil industry has had a very active year in terms of alliances, new projects and asset sales. Amerisur Resources (LON: AMER) announced important news that could continue to move business in the sector in a big way.

Monday, July 22nd, 2019
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Top 10 oil operators and producers in 4Q18

Top 10 oil operators and producers in 4Q18

The National Hydrocarbons Agency (ANH) reported information per field for the last quarter of 2018. We updated our database to analyze oil companies’ production metrics and the top oil operators and Working Interest (WI) producers in the country.

Wednesday, July 17th, 2019
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