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Exploration

Rig count in February 2019

Rig count in February 2019

The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for February 2019. This metric decreased compared to the previous month, and the Chamber explained this negative behavior, and showed its optimism for a possible recovery in the coming months.

Monday, March 18th, 2019
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MinMinas talks fracking projects

According to the Minister of Mines and Energy (MinMinas), at least five companies are interested in developing fracking pilot projects in six Colombian blocks.

 

Tuesday, March 12th, 2019
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Ecopetrol’s new venture

The firm signed an offshore E&P contract with the National Hydrocarbons Agency (ANH) to develop the COL 5 block. Here are the details.

Wednesday, March 6th, 2019
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Offshore exploration

The National Hydrocarbons Agency (ANH) announced that Ecopetrol (NYSE: EC) and Petrobras (NYSE: PBR) will conduct exploration activities in the Colombian Caribbean Sea.

 

Thursday, February 28th, 2019
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“This is definitely a great opportunity for Colombia”: ACP

The National Hydrocarbons Agency (ANH) announced the official launch of its Permanent Competitive Process. Here is what the industry has to say about it.

Wednesday, February 27th, 2019
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Commission of Experts presentation on fracking

We attended the presentation by the Commission of Experts engaged to give recommendations on fracking. The next day, we published a summary of the recommendations, last Monday we explored those in some depth and today we go back to fill in some of the details.

Sunday, February 24th, 2019
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GTE on El Porton project

Gran Tierra Energy (TSX: GTE) started to develop El Portón project, which has generated much controversy. However, the company proactively spoke to the local press about a new well.

Monday, February 18th, 2019
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Experts give a definite ‘maybe’ to fracking

Experts give a definite ‘maybe’ to fracking

The long-awaited report of the commission of experts was presented to the public Thursday afternoon. We attended. The study concluded there was much opportunity but much uncertainty so the country should run a pilot. Which is what Ecopetrol had proposed last year.

Friday, February 15th, 2019
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Offshore is the way to go

The government restarted the process to award offshore E&P contracts in the Colombian Caribbean, aiming to boost investments during 2019.

 

Tuesday, February 12th, 2019
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Experts on ECP reserves

Experts on ECP reserves

Ecopetrol (NYSE: EC) will announce its proven oil and gas reserves in approximately three weeks. However, analysts and experts began to make their predictions about this important metric for the country.

Wednesday, January 30th, 2019
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