Parex Resources said preliminary 3Q26 production averaged 83,259 boe/d, with output edging up through the quarter.
Colombia’s hydrocarbons agency has begun a series of technical sessions meant to turn decades of subsurface data into new exploration opportunities.
Colgas, Ecopetrol subsidiary Hocol and the Tierralta municipal government have launched a synthetic natural gas (SNG) network in Tierralta, Córdoba, aimed at replacing firewood for household cooking. SNG is a propane-air mixture, so the town can be served without a link to the national gas transport system.
Aquiles Mercado argues in an El Heraldo column that Colombia’s energy transition should be treated as a financing problem, not mainly a moral or environmental one.
The lead graph shows the price of Ecopetrol’s ADR’s (Symbol: EC) from January 1st, up nearly 70% from the start of the year. But then oil prices are up, “thanks” to the Iran War, now a wider Middle East conflict and a favorable change in government.
This should come as a surprise to no one: as domestic production falls, the supply mix shifts to imported gas at more than twice the price of domestic. The average inevitably has to go up.
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