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Production

GTE signed new contracts

The National Hydrocarbons Agency (ANH) announced the signing of oil contracts with Gran Tierra Energy (TSX: GTE), as a result of the first auction of the Permanent Area Assignment Process (PPAA).

 

Wednesday, July 31st, 2019
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Natural gas production increases

Natural gas production increases

The Ministry of Mines and Energy (MinEnergia) reported natural gas production figures for June 2019. This is what the Colombian Association of Natural Gas (Naturgas) had to say.

Monday, July 29th, 2019
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Oil production in June

Oil production in June

The Ministry of Mines and Energy (MinEnergia) reported oil and gas production figures for June 2019. Crude and natural gas production increased during the first semester of this year compared to 2018.

Thursday, July 25th, 2019
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Bayón on fracking and reserves

Colombia continues to discuss the possible benefits of implementing unconventional techniques such as fracking. Felipe Bayón, CEO of Ecopetrol (NYSE: EC), spoke about the potential for different regions.

 

Thursday, July 18th, 2019
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Top 10 oil operators and producers in 4Q18

Top 10 oil operators and producers in 4Q18

The National Hydrocarbons Agency (ANH) reported information per field for the last quarter of 2018. We updated our database to analyze oil companies’ production metrics and the top oil operators and Working Interest (WI) producers in the country.

Wednesday, July 17th, 2019
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Sustainable growth and fracking

Industry Associations have called for the implementation of fracking to avoid self-sufficiency issues. However, this alternative is still a cause for concern among different sectors of the Colombian society.

Wednesday, July 17th, 2019
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ANH reserves target

ANH reserves target

The Colombian government is committed to increasing industry operations in hopes to increase existing reserves. The National Hydrocarbons Agency (ANH) announced authorities’ reserves goal and further plans to achieve them.

Tuesday, July 16th, 2019
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IEA on the industry

The International Energy Agency (IEA) acknowledged the progress that the Colombian government has done to reactivate the industry in the coming years.

 

Tuesday, July 16th, 2019
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FEC 2Q19 operational update

FEC 2Q19 operational update

Frontera Energy Corporation (TSX: FEC) announced its second quarter 2019 operational update. Colombia’s production decreased in 2Q19 compared to previous quarter, while the firm’s drilling campaign is advancing satisfactorily.

Wednesday, July 3rd, 2019
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It is dangerous to forecast, especially about the future

It is dangerous to forecast, especially about the future

When you talk to those in the industry, they are generally upbeat about how things are going in both the short and medium term. Unless you are Ocensa. Then things are going badly. Very badly. Horribly in fact. At least, that is what it tells the regulator.

Sunday, June 30th, 2019
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