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Production

MinMinas report on energy sector’s last 8 years

MinMinas report on energy sector’s last 8 years

The government of Juan Manuel Santos is ending and the Ministry of Mines and Energy (MinMinas) delivered a report on the energy sector’s performance in the last eight years. Germán Arce Zapata, MinMinas, presented the results at an event in the municipality of Guapí, Cauca.

Tuesday, June 26th, 2018
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ECP has no date to restart CCL pipeline

In recent years, the Coveñas Caño Limón pipeline has been the main target of illegal groups, especially the ELN. This year this important facility has suffered several attacks, affecting its normal operations and Ecopetrol (NYSE: EC) is working to repair the damage.

 

Tuesday, June 26th, 2018
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Oil income to increase

Oil income to increase

Mauricio Cárdenas, Minister of Finance, announced the last Medium Term Fiscal Framework of the current government, with good prospects. The State revenues from the oil sector could increase considerably in the coming years.

Thursday, June 21st, 2018
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New oil projects?

New oil projects?

The National Hydrocarbons Agency (ANH) plans to offer new oil blocks to boost the oil exploration and production in the country. The agency has been working on this program for several years. The government’s hopes are in some basins and the next Minister of Energy and Mines (MinMinas) will play a key role in this process.

Wednesday, June 20th, 2018
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Oil production in May

Oil production in May

The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures for May 2018. Crude increased compared to the same period last year, and gas showed positive behavior as well, surpassing the 1,000mmcfd barrier.

Monday, June 18th, 2018
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What a surprise! Ecopetrol dominates

What a surprise! Ecopetrol dominates

About a month ago, one of the country’s leading business newspapers, published an article on Ecopetrol’s (NYSE:EC) results with the brilliant title “Ecopetrol does not give up its position as the leader in hydrocarbons”. Considering that the NOC produces ten times what the next company does this does not show a lot of insightful analysis on the part of the headline writer.

Monday, June 11th, 2018
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Top oil producing departments

Top oil producing departments

Oil production in Colombia showed stable performance throughout 2017, but how have the main producing regions in the country fared? The National Hydrocarbons Agency (ANH) reported 4Q17 figures and we updated our database to analyze the top producing departments.

Thursday, June 7th, 2018
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Top 10 oil operators and producers 4Q17

Top 10 oil operators and producers 4Q17

Oil production in Colombia showed stable performance throughout 2017, but how have the main operators and producers in the country fared? The National Hydrocarbons Agency (ANH) recently reported 4Q17 figures per field and we updated our database to analyze oil companies’ production metrics.

Thursday, May 31st, 2018
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E&P oil production rising again

E&P oil production rising again

The Colombian oil sector is experiencing times of great uncertainty, due to the presidential elections and the boom in the anti-oil referendums. This situation could affect the development of several agreements between the government and oil companies, especially the Exploration and Production (E&P) contracts. We will analyze the production that is at stake due to this situation.

Wednesday, May 30th, 2018
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Gas production up in April

Gas production up in April

The Ministry of Mines and Energy (MinMinas) reported gas production figures for April 2018. Gas has been showing a recovery compared to figures of last year.

Tuesday, May 29th, 2018
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