“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 […]
Tag: To drill
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 […]
Lewis Energy plans to drill four gas wells in the Atlantic Ocean
The businessman emphasized that the activities in Atlantico have developed successfully thanks to the relationship between the public and private sector, contribute to the development of the department and its municipalities. He also pointed out that they have a positive relationship with the communities with open and respectful dialogue. With regard to the 2022 Oil […]
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
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 […]
Canacol completed drilling three wells on the Costa
Canacol Energy plans to drill up to 12 wells on the Caribbean coast by the end of this year, 8 of which are expected to be exploration wells. Charle Gamba, president and CEO of Canacol Energy, said that so far, “three wells have been successfully completed.” For example, the drilling of the Chirimia 1 Sidetrack […]
Offshore is reactivated with drilling two wells
The offshore activity (offshore) in the country has been reactivated with the drilling of two wells in the waters of the Colombian Caribbean Sea. They are wells operated by Ecopetrol, a joint venture with Shell Gorgon 2 and another with Petrobras, the gooseberry 1. “It is the first time, in 26 years, that the country […]