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Production

Oil production starts the year on the wrong foot

Oil production starts the year on the wrong foot

The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures in the country for January 2018. Crude extraction decreased compared to the previous month, but this metric is above the government’s mid-term target.

 

Monday, February 19th, 2018
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How dependent are we?

How dependent are we?

Recently, Ecopetrol (NYSE:EC) got the public’s attention about the violence in southern Meta with a ‘gee whiz’ estimate of how much oil production was at risk. That got our Analyst thinking about production concentration and risk.

Monday, February 19th, 2018
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Social problems affect ECP blocks

Social problems affect ECP blocks

Ecopetrol (NYSE: ECP) took a radical decision in some of its most important blocks in the department of Meta, since violence is preventing operations in these areas.

Monday, February 12th, 2018
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UPME looks at gas demand

UPME looks at gas demand

At this time of year, the UPME publishes its annual forecasts for gas demand and supply. Here we take a look at the conclusions, focusing on key graphs.

Monday, February 12th, 2018
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Extractive sector exports increased in 2017

Extractive sector exports increased in 2017

Colombia is not an oil country, but it depends heavily on the extractive sector in many economic aspects. The National Administrative Department of Statistics (DANE) published preliminary Colombian export figures, highlighting the role of the oil and mining sectors.

Tuesday, February 6th, 2018
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Parex reserves increased as well

Parex (TSX: PXT) announced its 2017 year-end reserves report. The company reported positive results in key metrics such 1P reserves, Reserve Life Index (RLI) and Reserves Replacement Index (RRI).

Tuesday, February 6th, 2018
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Geopark announced its oil and gas reserves in 2017

Geopark (NYSE: GPRK) announced its independent oil and gas reserves assessment for 2017, certified by DeGolyer and MacNaughton Corp (D&M). The company reported consolidated and Colombia reserves growth.

Tuesday, February 6th, 2018
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Still I look to find a reason to believe

I have a deserved reputation for being a curmudgeon – always complaining – but looking at the statistical evidence, and listening to the industry, 2018 could shape up to be a good year. I am – shock! horror! – optimistic.

Monday, February 5th, 2018
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Top 10 oil operators and producers 3Q17

Top 10 oil operators and producers 3Q17

Oil production in Colombia showed stable performance throughout 2017, but how have the main operators and producers in the country fared? We check our database to analyze their production metrics.

Thursday, February 1st, 2018
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GTE announced reserves increase

Gran Tierra Energy (TSX: GTE) announced the firm’s 2017 year-end estimated reserves and prospective resources. McDaniel & Associates Consultants Ltd. was the reserves evaluator.

Wednesday, January 31st, 2018
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