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Rig count in January

Rig count in January

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for January 2024.

Tuesday, February 27th, 2024
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MinHacienda talks oil production

During the Economic Outlook Forum 2024 hosted by Anif and Fedesarrollo, Finance Minister Ricardo Bonilla talked about the oil production behavior during 2023.

Tuesday, February 27th, 2024
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Where do we go now? Part II

Where do we go now? Part II

MinHacienda Ricardo Bonilla created a minor kerfuffle this week by saying Colombia’s oil production hit 788,000 barrels a day in 2023. It didn’t. As the graph shows it only got to 777,000 barrels a day, 1.4% less but still the highest since “The Plague Year” of 2020.

Sunday, February 25th, 2024
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Where do we go now?

The major Colombian-focused publicly traded oil and gas companies have communicated their 2024 guidance. With the president talking down the industry every chance he gets and few or no friends in the public sector, one would not be surprised to see much negative sentiment. How do they really feel or, at least, what did they share with investors?

Sunday, February 18th, 2024
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Decreased oil production to impact national revenues

Decreased oil production to impact national revenues

In a recent update to this year’s Financial Plan, the Colombian government revised its projections for oil production, Brent crude prices, and the exchange rate.

Monday, February 12th, 2024
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Oil production in December 2023

Oil production in December 2023

Campetrol reported its oil production estimate for December 2023 in Colombia.

Monday, February 5th, 2024
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Rig count in December 2023

Rig count in December 2023

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for December 2023.

Wednesday, January 31st, 2024
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Oil production in South America

Oil production in South America

The International Energy Agency (IEA) raised the global demand for oil for the third consecutive month, projecting a global consumption increase of 1.24 million barrels per day (bpd) by 2024. As the world anticipates higher demand, some Latin American countries are strategically positioning themselves in the race for oil production.

Thursday, January 25th, 2024
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Rig count in November

Rig count in November

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for November 2023.

Tuesday, January 9th, 2024
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Drifting along

Drifting along

Nearly two months after the fact, the ANH finally published oil and gas production for October 2023. They could have added up the numbers by hand faster. Actually, the source of the article was Campetrol although the ANH databases are updated to October.

Monday, January 8th, 2024
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