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Production

Parex 1Q19 results

Parex 1Q19 results

Parex (TSX: PXT) announced its financial and operating results for the first quarter 2019. The firm reported oil production growth and good financial performance.

Wednesday, May 8th, 2019
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Companies have their eyes on the Colombian Pacific

The offshore industry has been popular among top global firms who decided to bet on Colombia’s Caribbean area. The ANH thinks new blocks in the Pacific might have just as much success.

 

Tuesday, May 7th, 2019
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Oil reserves prospects

Oil reserves prospects

The Ministry of Mines and Energy (MinMinas) will publish data on oil reserves in the coming days. Industry experts talked about the possible behavior of this important metric during the past year.

Monday, May 6th, 2019
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Fracking: one step closer

The government presented the final version of its National Development Plan (PND) to the Congress, where it included an article about unconventional projects. Here are the details.

 

Monday, May 6th, 2019
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Parex 1Q19 operational update

Parex 1Q19 operational update

Parex Resources (TSX: PXT) announced its first quarter 2019 operational update. Its production started the year on the right foot in 1Q19 and the firm showed its confidence about the performance of metric for coming quarters.

Thursday, April 25th, 2019
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The industry meets Duque

The industry, headed by the Colombian Petroleum Association (ACP) and Ecopetrol (NYSE:EC), attended the second work meeting with President Iván Duque and his team.

 

Thursday, April 25th, 2019
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Rig count in March

Rig count in March

The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for March 2019. This metric remained stable compared to the previous month, and the Chamber showed its optimism for a possible increase of this important metric in the coming months.

Monday, April 22nd, 2019
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Oil production in March

Oil production in March

The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures for March 2019. Crude and natural gas production increased during the third month of this year compared to the previous year.

Wednesday, April 17th, 2019
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ANH on small producing fields

The Colombian government wants to reactivate the production and reserve metrics of the oil sector in Colombia. The National Hydrocarbons Agency (ANH) is analyzing alternatives to increase production in several oil fields.

 

Thursday, April 11th, 2019
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Colombia oil production surpasses Venezuela extraction

Colombia oil production surpasses Venezuela extraction

The Colombian oil sector has started 2019 with good news in terms of alliances, new contracts and now production. The Colombian Petroleum Association (ACP) said that oil production in the country is growing, surpassing neighboring countries such as Venezuela.

Wednesday, April 10th, 2019
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