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Production

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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Oil production in May

Oil production in May

The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures for May 2019. Crude and natural gas production increased during the five month of this year compared to 2018.

Tuesday, June 25th, 2019
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UPME updates its scenarios

UPME updates its scenarios

We might not always agree with the government’s Mining and Energy Planning Unit (UPME) but it is the authoritative source of long-term production forecasts. Recently it updated its production scenarios through 2038.

Tuesday, June 25th, 2019
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GTE operational update

GTE operational update

Gran Tierra Energy (TSX: GTE) announced an operational update for the second quarter of this year, to date. The company highlighted advances in the Acordionero field and positive results in Colombia’s most recent oil round.

Thursday, June 20th, 2019
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Extractive sector is lauded

The Extractive Industries Transparency Initiative (EITI), a global standard that promotes the open and responsible management of oil, gas and mineral resources worldwide, gave an award to the Colombian extractive sector.

Thursday, June 20th, 2019
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IEA on Colombia’s oil production

IEA on Colombia’s oil production

The International Energy Agency (EIA) reported on its prospects for oil production in Colombia. Here are the details.

Wednesday, June 19th, 2019
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