The Colombian Chamber of Goods and Services (Campetrol) reported rig information for January 2023.
The National Hydrocarbons Agency (ANH) reported natural gas production figures for December 2022.
The National Hydrocarbons Agency (ANH) reported oil production figures for December 2022.
The National Hydrocarbons Agency (ANH) reported oil production figures for November 2022.
Gas production was 947 mmcfd in October 2023, the lowest since August 2020 in the depths of the pandemic.
Hard to see from our graph perhaps but production hit a 23-month high and the 12-month average has been rising for 11 months. The difference is marginal but the trend is worth celebrating.
The National Hydrocarbons Agency (ANH) reported natural gas production figures for September 2022.
The National Hydrocarbons Agency (ANH) reported oil production figures for September 2022.
One of the key questions underlying the debate about the oil and gas industry in Colombia concerns when demand will peak and so for how long can public finances count on the flow of exports and tax revenues. Gustavo Petro’s “Illuminati” believe we all should stop using fossil fuels today and stop producing the stuff. More pragmatic observers think it too soon to (as some headlines put it) kill the goose that lays the golden eggs. Recently the International Energy Agency (IEA) weighed in with its view, based on various climate change scenarios.
Many of the world’s largest countries are backtracking, or slowing down, on some of their plans to move away from fossil fuels. The Colombian government thinks differently.
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