We have published a number of renewable energy articles lately and one is coming up this week. No, I have not suddenly discovered my true vocation as an environmentalist and no, we are not shifting HCC’s focus from oil and gas to the broader energy market.
A few weeks ago, the ACP published a study on operating costs, which we thought would be of considerable interest to our readers. The Association has graciously given us permission to translate it to English and publish.
Last week there was a minor flurry about an American thinktank putting Colombia on a list of ‘risky’ spots for petroleum investments. Timely, considering our article tying to quantify ‘risk’ which was really quantifying ‘impact’. I think it was overdone, but it still got me thinking about what risks are the most relevant.
Recently, Ecopetrol (NYSE:EC) got the public’s attention about the violence in southern Meta with a ‘gee whiz’ estimate of how much oil production was at risk. That got our Analyst thinking about production concentration and risk.
The Sinu San Jacinto bid round was announced with great fanfare on September 12th, 2017. The auction was supposed to have completed before the end of that year. Now, quietly, the date keeps slipping.
At this time of year, the UPME publishes its annual forecasts for gas demand and supply. Here we take a look at the conclusions, focusing on key graphs.
A few weeks ago, a poll appeared showing Gustavo Petro in first place for Colombia’s upcoming elections. Somewhat naturally, this raised eyebrows and raised concerns in the oil and gas industry.
We did not publish our usual security summary for December 2017 even though it was the end of the quarter and the end of the year. By the time we started operations again after the year-end holiday period, the bilateral truce with the ELN was already over, ending literally with a bang. It made more sense to wait until the end of January.
I have a deserved reputation for being a curmudgeon – always complaining – but looking at the statistical evidence, and listening to the industry, 2018 could shape up to be a good year. I am – shock! horror! – optimistic.
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