Campetrol’s latest drill report has unveiled a significant drop-in oil rig activity, hitting its lowest level since June 2021. Industry experts responded to these findings, expressing concerns about potential economic implications if this trend persists.
The Ministry of Mines and Energy congratulated Ecopetrol (NYSE: EC) and Parex for the exploratory well Arauca-8 in the municipality of Saravena, discovered under the Arauca Agreement. However, the NOC released a statement clarifying some things about the well.
Brazil’s oil giant Petrobras is eyeing a strategic alliance with Colombia to potentially transform the country into a gas exporter.
Amid Ecopetrol’s (NYSE: EC) strategy to develop the gas potential of the offshore Caribbean, the company announced its offshore plans for 2024.
Ecopetrol (NYSE: EC) initiated operations for the drilling of the Orca Norte 1 exploratory well, marking a strategic move to prioritize gas projects within the company’s portfolio.
GeoPark, along with Hocol, confirmed a new exploratory success in the Llanos-123 block.
A hydrocarbon project in the Amazon rainforest has sparked heated debate, with environmental and human rights organizations voicing concerns.
The Colombian government’s reluctance to award new oil contracts stems from the belief that previously awarded contracts are sufficient to sustain hydrocarbon exploration and production in the country.
Ecopetrol (NYSE: EC) announced its plans about the Orca Norte-1 exploratory well.
Ecopetrol (NYSE: EC) has reported a significant hydrocarbon discovery in the exploratory well Alqamari-2, situated in the municipality of Orito, Putumayo department.
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