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.
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.
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.
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.
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.