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Long Form Reports

Agreement 2: No agreement

A couple of weeks ago, we reported an announcement by ANH head Orlando Velandia that the long-anticipated Agreement 2 was ready. I wondered why only one newspaper picked up the story and now we know: it is not ready.

Monday, March 27th, 2017
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Peace and oil

Jaime Checa is a prominent geophysicist who is troubled by the way the industry is evolving, especially its complicated relationship with communities.

Monday, March 20th, 2017
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Refinery the loser in Ecopetrol’s Line-of-Business results

Refinery the loser in Ecopetrol’s Line-of-Business results

Ecopetrol (NYSE:EC) published its 4Q16 results which allows us to update our Line-of-Business (LoB) charts for the entire year. After an encouraging 2015 and significant new capability in Reficar and Barrancabermeja, ECP’s refinery business was again the loser.

Monday, March 20th, 2017
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All Ecopetrol all the time

This past week Ecopetrol published its results and both the popular press – and Hydrocarbons Colombia – was focused on this event. But is this media attention justified?

Monday, March 13th, 2017
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Too much leverage

Too much leverage

We have made this point before but this is a different way to look at it. It will be very hard for Colombia to hit the production goal the ANH is talking about – 900 mbd – if Ecopetrol (NYSE:EC) is only going to be about flat with its production.

Monday, March 13th, 2017
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The relevance of the Colombian tax reform for the hydrocarbons industry

Three tax experts from Bogotá-based law firm Briggard & Urrutia gave us their opinions on the impact of the December 2016 Tax Reform on oil and gas companies.

Monday, March 6th, 2017
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Not going away

Not going away

Security incidents near oil and gas infrastructure went up slightly last month (by one) and the ELN remains the protagonist.

Monday, March 6th, 2017
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The two sides of the ANH’s Territorial Strategy: its successes and challenges

Crudo Transparente is a non-governmental organization that “informs, socializes and analyzes the socio-economic impacts of the hydrocarbons sector in the country”.

Monday, February 27th, 2017
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Long-term gas forecast

Long-term gas forecast

We needed to build a simple gas forecast for a few fields for a consulting project so we decided to build a model of the Colombian market. The results were interesting even with these simple assumptions.

Monday, February 27th, 2017
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Windfall downfall

This week we published a story and two tweets about whether Colombia did or did not use the windfall from high oil prices correctly. The ‘votes’ were 2-to-1 in favor of a wasted or lost opportunity.

Monday, February 20th, 2017
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