The Colombian Petroleum and Gas Association (ACP) reported a continued decline in hydrocarbon production, citing natural field depletion as a key factor.
The Colombian Chamber of Goods and Services (Campetrol) reported rig information for October 2024.
The Colombian Chamber of Goods and Services (Campetrol) reported rig information for September 2024.
Oil production in Colombia remains crucial to the national economy, especially given looming energy shortages, natural gas deficits, and a government stance against new hydrocarbon exploration contracts.
And would it make a difference? MinEnergia Andres Camacho said that all gas produced should go to an end consumer suggesting they would audit fields to ensure no gas was “wasted” and thereby address the national shortfall. Is this really a solution? We looked at the data.
According to a recent report by the International Energy Agency (IEA), Colombia is expected to lose its position as the third-largest oil producer in South America within the next two years.
Juan Carlos Echeverry, former CEO of Ecopetrol (NYSE: EC), wrote an article about the energy heart of Colombia.
Crude oil production was up slightly in July of this year, according to the figures posted on the ANH’s website.
The Colombian Chamber of Goods and Services (Campetrol) reported rig information for July 2024.
Colombia’s Minister of Mines and Energy (MinEnergia), Ómar Andrés Camacho, dismissed the possibility of Colombia needing to import gas from other countries, insisting that there is no immediate risk of a gas supply shortage.
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