Tag: gas production

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 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 […]

Colombia’s gas production grew 5.7% in October

Colombia’s gas production grew 5.7% in October

The union indicates that in 2021 Colombia with a 11% of the level of natural gas reserves compared to 2020 and that the departments of the Casanare, Cordoba and La Guajira They are the areas with the highest natural gas production in the country. “2022 represents a year of growth for the natural gas industry […]

Without new discoveries, gas self-sufficiency would be lost in 4 years

Without new discoveries, gas self-sufficiency would be lost in 4 years

In turn, Naturgas President Luz Stella Murgas indicated that not signing new exploration contracts will have an effect in the future, as well as on current contracts. “Execution of ongoing contracts requires prior consultation with the communities and environmental permits. An announcement not to sign new contracts could cause confusion among administrative authorities and communities […]

Oil production rose in April this year

Oil production rose in April this year

This decline occurred electrical faults in the Caño Limón field in Arauquita, Arauca, and because of the blockades in the La Cira and Infantas fields in Barrancabermeja, Santander. 51 were drilled in April wells, of which 3 are exploratory and 48 are in development. Cut to April, 228 wells have been drilled this year: 212 […]

Oil and gas revenue could reach $105 billion: ACP

Oil and gas revenue could reach $105 billion: ACP

The Colombian Oil and Gas Association (ACP) prepared the economic report “Energy policy scenarios and their impact on Colombians,” on the contributions the sector could make to the country over the next four years, and even this decade, according to the country’s direction for the Next presidential elections. Two scenarios are presented, one of maintaining […]

No immediate increase in oil production expected: ACP

No immediate increase in oil production expected: ACP

The chairman of the Colombian Petroleum Association (ACP), Francisco Lloreda, said that even with these high oil prices resulting from the war in Ukraine, an immediate increase in oil production in the country is not expected, more than expected. “It must be taken into account that the exploration and production of hydrocarbons it is characterized […]

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