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What the Divergence Between Brent and WTI Means for Colombian Oil

What the Divergence Between Brent and WTI Means for Colombian Oil

The chart shows the difference between Brent and WTI (weekly close in US$), with short-term fluctuations smoothed out by taking a 52 week trailing moving average.

Sunday, April 8th, 2012
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ANH Closes Asia Roadshow for 2012 Auctions

Dr. Orlando Cabrales Segovia, President of the ANH, closes Asia roadshow promoting the Colombia Round 2012 competition… Tokyo, April 4, 2012.

Saturday, April 7th, 2012
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Pacific shows interest in pipeline between Colombia and Venezuela

April 2, 2012 Business newspaper Portafolio.co reports that Pacific Rubiales has expressed interest in participating in the Pipeline of the Pacific p

Thursday, April 5th, 2012
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Oil output grew 7.1% in March

April 4, 2012. The Ministry of Mines and Energy reports that the average oil production in Colombia in March 2012 stood at 950,939 barrels per day (bpd), ie by 7.2% compared to the average of 887,000 barrels that was recorded in March , 2011.

Thursday, April 5th, 2012
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Long Tail of Petroleum Services Firms in Colombia

Long Tail of Petroleum Services Firms in Colombia

This graph shows the latest Campetrol data, from 2010 which is the last full year for which data is available from the Colombian company regulator SuperSociedades.

Sunday, April 1st, 2012
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Drill Rig Utilization Up 2pp From November 2011

Drill Rig Utilization Up 2pp From November 2011

Campetrol recently updated its statistics for rig utilization as of March 12, 2012. The number of reported rigs is down from 261 to 220 but utilization is up to 85%.

Saturday, March 31st, 2012
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