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Concessions

Return to sender

Return to sender

In its passion to avoid auctioning additional oil and gas exploration contracts, the Petro government wants to revive 39 blocks that the ANH has suspended at the companies’ request. Is there really an opportunity to “return the suspension request to sender” and create new reserves and production? And if so, how much production could be affected?

Monday, July 10th, 2023
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Colombia 2022 Round

The Colombian government announced that it is working on a new round for the permanent allocation of hydrocarbon areas.

Tuesday, May 17th, 2022
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New mining contracts

The National Mining Agency (ANM) granted new mining contracts.

Monday, May 2nd, 2022
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No more oil auctions

Colombia’s Vice Minister of Energy, Miguel Lotero Robledo spoke about the possibility of holding a new oil auction this year.

Wednesday, March 30th, 2022
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New round in 2022

ANH’s Armando Zamora Reyes spoke about the possibility of holding a new hydrocarbons auction in Colombia.

Monday, January 24th, 2022
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Signing of oil contracts

Colombian authorities and oil companies signed the contracts awarded in the last oil round.

Wednesday, January 19th, 2022
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Campetrol talks oil outlook

Campetrol talks oil outlook

The Colombian Chamber of Oil, Gas and Energy (Campetrol) spoke about the current state of the oil sector in the country.

Thursday, December 9th, 2021
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Oil investment commitments

The government has managed to reactivate the signing of oil contracts in recent years, creating great prospects for investment in the country.

Thursday, December 9th, 2021
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What did we learn from the Colombia Round 2021?

This past week, the ANH held its Colombia Round 2021 auction and there can be no doubt it was a great success. Thirty blocks were awarded, the most since 2012 when oil prices were over US$100/bl (and to be frank, many of the blocks assigned were never worked). What went well and what could be improved?

Monday, December 6th, 2021
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Parex bets big on Colombia

Parex bets big on Colombia

The ANH held its event to receive bids in the Colombia Round 2021. With 30 blocks receiving bids (and with these bids almost certain to result in contracts), this was a tremendous success compared to any assignment process dating back to 2012 which had assigned 49 (not all of which ever were worked). The 2014 Round awarded 26. That of 2019 only 11. The top bidder was Parex.

Wednesday, December 1st, 2021
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