News and AnalysIs for

ProductionSecurity and public order problems took their toll on Colombia’s oil production in September as the daily average production rested at 995,000 barrels, compared to 1.031mmbd in August.

Communities and CSRThe Caquetá Department governor Víctor Ramírez says that the national government has repeatedly found ways to block the awarding of royalty funds, which according to him is the only source of finances for social investment for the department.

ProductionMinMinas recently published its detailed file with production by field, which allows us to do graphs like the above, looking at the growth in production by department.

Security and Public OrderCounts were back down to 31 below recent and long-term averages. This was a below average week for guerrilla-initiated actions as well which means everyone took the week off.

Company NewsPetrominerales announced that it has acquired 87.5% of the Canaguaro block, south of Yopal in Casanare near other Petrominerales properties.

EnvironmentA congressman from Boyacá wants hydrocarbons E&P contracts in the Boyacá province of Sugamuxi to be revoked and he has requested a debate in the lower house to achieve it.

Message to SubscribersThe ANH and MinMinas have both had their final “rendering of accounts”. Congress is winding down and barely has enough energy to deal with tax reform which the government desperately wants to get done.

The MinMinas press report was rather muted and full of reminders that the figures were preliminary etc. There was no mention of the fact that this was in fact a milestone for Colombian oil production – the highest month on record. Likewise the 1Mbpd goal was nowhere to be seen in the text. It must be the difference in personality between Minister Renjifo and ex-Minister Cardenas.

EnvironmentRCN Radio reports that Colombia’s Consejo de Estado (State Council) has ordered the regional environmental authorities (CAR) to supervise road repairs and by extension other major infrastructure projects for potential environmental consequences.

September 9, 2012 For inexplicable and unstated reasons, the Colombian Environmental Licensing Agency (ANLA) has not published even simple statistics by industry on its web page.