The Colombian Petroleum Association (ACP) has published a press release on the negative impacts of a number of laws initiated by Congress – which are not backed by the government – that seek to increase government take and give back to local communities part of what they lost in royalties. Translated and with commentary by Hydrocarbons Colombia.
Ecopetrol and Chevron will upgrade the compression facilities at the Chuchupa field to increase its daily gas production. For this, the field will be off-line from October 30th to November 3rd. More maintenance will take place at the end of the month. From an Ecopetrol press release, translated and with commentary by Hydrocarbons Colombia.
The National Hydrocarbons Agency (ANH) recently published basic exploration statistics as of September 2012. From a drilling point of view the news is not good — the country is likely to fall short by 58 wells — and from a success point of view the story is even worse. Only 3 of the 93 wells drilled are reported as being productive and all 34 A3 wells that have come to a definite conclusion have been declared dry. There are still 52 A3 wells under testing. Seismic is a better story with the country likely to exceed its targets for kilometers of seismic by a comfortable margin (see chart at the bottom of this article).
The National Environmental Licensing Agency (ANLA) has issued a press release encouraging comments on a specification document for its new GeoDataBase system. The system’s goal is to unify all the environmental information that companies and the ANLA need to process an application. The idea, as described last week at the National Hydrocarbons Agency convention in Cartagena is to simplify and thus speed licensing and minimize requests for additional information.
The main road from the Llanos Basin to the central part of the country is only two lanes and extremely narrow at various points. Tanker trucks carrying crude from the fields and returning with naphtha for dilution clog up the roads. There have been accidents and some deaths. See our earlier article here. Work was supposed to have started on widening the most complicated portions but that is still generating controversy.
Last Friday, Defense Minister Juan Carlos Pinzón addressed the National Hydrocarbons Agency (ANH) conference in Cartegena. The speech was full of statistical information and the crowd gave him a standing ovation. This is the MinDefensa press release on the speech, translated and with commentary by Hydrocarbons Colombia.
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