Caquetá represents the new frontier for oil production in Colombia, a region with promising potential to develop reserves and a basin without much activity thus far, especially if the armed conflict ceases.
This week we published a press release by the senator from Meta, Maritza Martínez where she accused the recently-approved royalties budget of being unfair to Llanos producers including her home department.
The USO is digging in for a fight with Ecopetrol (NYSE:EC) over its use of contractors and their labor, and said the NOC is unwilling to discuss extending benefits for direct workers to its outsourced employees.
The Minister of Environment Luis Gilberto Murillo said his ministry and other authorities are preparing a report on hydrocarbons exploration in La Macarena which could affect some of the blocks in the region, although those with an environmental license should be able to still explore.
The proponents of ‘no’ and ‘yes’ have made slow progress towards a new agreement before government negotiators travel to continue talks with the Farc this week, and there is speculation that an amended agreement might not pass through a second plebiscite.
The Colombian Petroleum Engineers Association (Acipet) and the National Hydrocarbons Commission (ANH) organized a two-day seminar called “Near Field Exploration” in Bogotá. HCC was present at the event; we bring a brief summary of the meeting.