The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for December 2018. The good trend continues, as the industry reported more rigs working in this period compared to December 2017 and previous month.
The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures for December and the total average for 2018. Crude and natural gas production grew in the last month last year.
The industry keeps reporting positive results from its operations in the Llanos Orientales region, this time in Ecopetrol’s (NYSE:EC) and Parex’s (TSX:PXT) Capachos block.
Geopark Limited (NYSE: GPRK) announced fourth quarter and annual 2018 operational update. The firm reported record annual oil and gas production and a key change in investors.
Frontera Energy Corporation (TSX: FEC) announced its estimated 2018 production with positive results according to its 2018 production guidance. Colombia production in the fourth quarter of 2018 increased. The firm announced its drilling plans for the first quarter of 2019 and the Quifa block plays a key role in this process.
Analysts made a bold forecast, suggesting that Colombia could surpass Venezuela’s oil production. Here is why.
Ecopetrol (NYSE: EC) announced advances and investments in La Cira-Infantas, one of the most important producing fields in Colombia. The NOC highlighted the increase in oil production in this important area since 2005.
The president of the Colombian Petroleum Association (ACP), Francisco Lloreda, spoke about lessons learned from 2018 and forecasts for 2019.
It is early January and time for my annual look ahead. The working title for this piece is always “Fearless Forecasts” but this year I am rather fearful.
The National Hydrocarbons Commission (CNH) started the year with big news: an important finding by India’s ONGC Videsh Limited.