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Production

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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All eyes on fracking

The government has not made a final decision on fracking, but authorities already have projections of the possible benefits that this technique can bring to the country.

Wednesday, June 19th, 2019
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Fracking benefits in gas reserves

Fracking benefits in gas reserves

Natural gas reserves have created concerns in the industry due to its poor performance in recent years. The industry insisted on the need to develop unconventional projects to resolve current issues.

Tuesday, June 18th, 2019
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First blocks (almost) awarded in 5 years

First blocks (almost) awarded in 5 years

The National Hydrocarbons Agency’s (CNH) first “window” of the Permanent Competitive Process (PPAA) took place in Bogotá. HCC attended the event.

Tuesday, June 4th, 2019
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Ecopetrol increases production in the Orinoquía region

The NOC reported better production and local hiring metrics in the departments of Casanare and Meta. Here are the details.

 

Tuesday, June 4th, 2019
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