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.
The truckers will no doubt be ecstatic to learn that diesel prices are going up once again.
To meet the national government’s 2016 average daily production goal of 998,000bd the next two month’s production would have be to be well above the million barrel a day mark (1.068Mmbod), a long shot at best. Development and exploration wells are also falling short of the mark.
Senator Maritza Martínez promised to work with the central government and ensure that producing regions receive more royalty resources, as their share is lower than non-producing regions in the biannual budget.
It has been over a year and four months since a Farc attack on the Transandino Pipeline spilled more than 410,000 gallons of oil into the bay of Tumaco in Nariño, and now residents accuse the government of doing little to remedy their situation. This and other environmental stories in our periodic summary.
Pacific Energy (TSX:PEN) made a blockbuster announcement with the closure of its restructuring led by Catalyst, returning to the TSX and changing both the Board and executive suite.
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