The Colombia-Canada Chamber of Commerce held a session for the oil and gas industry with the ANH’s Javier Betancourt Valle. He was accompanied by vice presidents Nicolas Mejia Mejia (Promotion and Assignment of Areas) and Carlos Mantilla McCormick (Hydrocarbons Contracts).
The U’WA indigenous group, who has been blocking access of repair crews to damaged sections of the Caño Limón – Coveñas pipeline, skipped a meeting scheduled for April 18th with the national government and say they will only meet for a previously established roundtable on the 25th. Meanwhile, the pipeline remains out of service.
Unusual seismic readings in the company’s most important territory of Puerto Gaitan, Meta and a 1Q14 operations update saying that the company’s largest field, Rubiales, will have lower production again this quarter seem to have spooked investors.
Small diameter pipeline says it has added a line of informative sessions in addition to those required for its environmental permit and completed a diploma course that it sponsored for communities in the area of influence.
The Colombian Petroleum Association (ACP) says that it expects 140 exploratory wells to be drilled in 2014, a number which is 20% above its total for last year but well below lofty projections from the National Hydrocarbons Agency, which expects 233.
In Huila and Putumayo, the number of tankers on the road has dropped by 40% since an announcement three weeks ago from President Juan Manuel Santos that pipelines would be used instead of trucks when possible to reach the Tumaco port.
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