Tag: CAMPETROL

Oil drilling activity fell 25% in September

Oil drilling activity fell 25% in September Oil drilling activity fell 25% in September

“As oil prices rise above $90, a barrel in Colombia presents a countercyclical behavior dropping 38% of activity from drilling new wells and impacting the local workforce and changing the trend of production growth with which we closed December 2022, which reached 785,000 barrels per day,” said Nelson Castañeda, executive president of Campetrol. In the […]

Drilling in Colombian oil fields drops 20% in August

Drilling in Colombian oil fields drops 20% in August Drilling in Colombian oil fields drops 20% in August

The X-ray of oil activity in Colombia shows a reduction in drilling activities, a loss of jobs, a decline in foreign investment and crude oil exports. Nelson A. Castaneda B., Executive President of the Colombian Chamber for Oil, Gas and Energy Goods and Services (Campetrol) presented a report expressing their concerns and inviting the government […]

Shell performed the first offshore drilling of the year

Shell performed the first offshore drilling of the year Shell performed the first offshore drilling of the year

That is stated in the report Drilling and Production of the Colombian Chamber of Oil, Gas and Energy Goods and Services (Campetrol), indicating that Ecopetrol is expected to start drilling Orca Norte 1 at the end of November this year. However, according to Campetrol, there was a downward trend in the total number of active […]

Oil production increased by 3.2% in the third quarter

Oil production increased by 3.2% in the third quarter Oil production increased by 3.2% in the third quarter

In the first three months of the year, preliminary oil production was 767.5 thousand barrels of oil per day (BPPD), a growth of 3.2% over the same period in 2022. This is according to the most recent drilling and production report from the Colombian Chamber of Oil, Gas and Energy Goods and Services (Campetrol). This […]

Oil production fell in February due to public order problems

Oil production fell in February due to public order problems Oil production fell in February due to public order problems

Drilling activity has maintained a downward trend for the past three months, ranging from 155 active teams in November 2022 to 142 in February 2023, a drop of 13 shifts (8.4%). Oil rigs went out during this period 60 to 51 with a 15% drop, while the maintenance exercises of 9 went5 to 91, down […]

The country must implement an export and fiscal transition: Campetrol

The country must implement an export and fiscal transition: Campetrol The country must implement an export and fiscal transition: Campetrol

The union leader explained that the word transition is synonymous with evolution or progress, which will not happen overnight. “The trial will be ordered to the Foreign direct investmentrevenue generation, royalties and regional ties,” Castañeda stressed. He added that thanks to the reactivation of the national economy and the rise in prices has been able […]

Energy policy must guarantee supply and fiscal stability: trade unions

Energy policy must guarantee supply and fiscal stability: trade unions Energy policy must guarantee supply and fiscal stability: trade unions

“This industry has been an ally of Colombia’s progress and of thousands of Colombians in the regions where it has operated, and it is ready to continue to build and contribute to the definition of the transition roadmap, within the framework of the major national social dialogue. ; At the same time, we hope to […]

The ‘disappointment’ left by the tax in the unions

The ‘disappointment’ left by the tax in the unions The ‘disappointment’ left by the tax in the unions

On the other side of the coin, Rosmery Quintero, president of I collectedexpressed its satisfaction at the introduction of a differential income tax rate for SMEs that will fall from 35% to 30%. “We thank all the representatives who voted in favor of lowering the rate from 35% to 30% for SMEs whose net income […]

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