The Colombian Fracking-Free Alliance (ACLF) spoke on recent measures by the National Environmental Licensing Agency (ANLA) on unconventional techniques.
With more stable oil prices, some Latin American countries decided to auction blocks and boost industry activities in their territories. Colombia announced its strategy to compete against heavyweights like Mexico, Brazil and Argentina.
The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for February 2018. This metric increased compared to January figures, breaking a negative trend that started in December last year.
Colombia continues to discuss the possibility of implementing unconventional techniques to guarantee energy self-sufficiency in the long term. Vice Minister of Energy, Rutty Paola Ortiz, spoke about advances in this regulation.
The Ministry of Environment (MinAmbiente) announced that it is finalizing the rules for the development of this technique in Colombia.
Ecopetrol (NYSE: ECP) announced an oil discovery in its CPO-09 block, in the municipality of Guamal (Meta). The NOC has a 55% stake in the project and its partner, Talisman Colombia Oil & Gas, (Repsol) has the remaining working interest.
The Drummond mining company could sell its assets in Colombia and the US. Unconventional resources could raise attractiveness of the business.
The president of the National Hydrocarbons Agency (ANH), Orlando Velandia, announced the companies that qualified in the Sinú San Jacinto (SSJ) process. This officially places Colombia within the current wave of Latin American auctions.
Last year had important moves among oil investors who bought and sold shares in blocks that were already awarded by the National Hydrocarbons Agency (ANH).
CEO Felipe Bayón spoke about the NOC’s plans in Latin America, looking not only for assets on sale, but to participate in auctions.
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