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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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Areas for Round 2021

The National Hydrocarbons Agency (ANH) announced the areas nominated and those offered by the agency.

Thursday, November 25th, 2021
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New preliminary list for Round 2021

The National Hydrocarbons Agency (ANH) published the preliminary list of qualified bidders to participate in the Colombia Round 2021.

Monday, November 1st, 2021
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ANH announces new offshore contracts

The National Hydrocarbons Agency (ANH) and Anadarko Colombia Company, signed four contracts for hydrocarbon E&P in the Colombian Caribbean.

Tuesday, October 12th, 2021
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The block that went away

Last week, we picked up a news report saying the ANH was excluding offshore blocks from the upcoming bid round. Armando Zamora says they have not. Is there anybody going to listen to my story / All about the block that went away?

Tuesday, August 3rd, 2021
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ANH approves Shell / Ecopetrol JV for Colombian Caribbean

Ecopetrol (NYSE:EC) received an early Christmas present with the ANH’s approval of its 50:50 venture with Shell (AMS: RDSA).

Tuesday, January 12th, 2021
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PPAA – Present and Accounted (For)?

PPAA – Present and Accounted (For)?

Last week’s top story from a readership perspective was the list of companies that qualified for the government’s upcoming auction (PPAA). No doubt readers were looking for any surprises: new players or non-participants.

Sunday, October 25th, 2020
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What to expect in 2021?

The Minister of Mines and Energy (MinEnergia), Diego Mesa, confirmed that Colombia will carry out two new contracting cycles for oil and gas blocks between 2020 and 2021.

Monday, October 12th, 2020
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PPAA: Q&A

The National Hydrocarbons Agency (ANH) hosted an online Question and Answer session for companies, after publishing modifications to the Terms of Reference of the Permanent Competitive Process (PPAA).

Tuesday, June 23rd, 2020
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Looking at the glass

This week I came across the phrase “Forget whether the glass is half-full or half-empty: just be happy you have a glass and there is something in it”. This nicely sums up the ANH’s recent bid round.

Monday, December 2nd, 2019
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