Colombia’s Ecopetrol SA kept adding oil and gas production in the third quarter. In an earnings call last month, CEO Felipe Bayón cited deepwater gas discoveries in the Caribbean in the Gorgon-2 with partner Shell plc, and another find by subsidiary Hocol SA in Cordoba department. He said this reiterates “Colombia’s potential for gas, the…
Ecopetrol
Articles from Ecopetrol
As Some Nations Move to Permit Fracking, Colombia Takes Steps to Ban Unconventional Technique
Colombia’s state oil and gas firm Ecopetrol SA has decided to pause its hydraulic fracturing (fracking) pilots for 90 days. Ecopetrol was involved in two horizontal drilling pilot programs, Kalé and Platero, in conjunction with ExxonMobil. Colombia has 55 Tcf of technically recoverable shale gas resources, which would place it fifth in South America, according…
September 19, 2022
Colombia’s Ecopetrol Upping Oil, Natural Gas Production, Increasing Capex
Colombia’s state oil company Ecopetrol SA has recovered from a production blip in the second quarter and is upping capital expenditures (capex) for 2022 executives said during a recent conference call. Months of anti-government protests starting in late April hampered oil and gas activity in the country in the first half of this year. However,…
November 16, 2021
Shell, Ecopetrol Form Deepwater Natural Gas Alliance Offshore Colombia
A subsidiary of Royal Dutch Shell plc has acquired a 50% operating stake in three ultra-deepwater natural gas blocks from Colombian national oil company Ecopetrol SA, the companies said Friday.
February 13, 2020
Pemex IPO in Limbo as Producer Straddles Company/Government Entity Divide
As world oil prices have risen, so too have suggestions of an initial public offering of shares in the Mexican state oil company, Petroleos Mexicanos (Pemex).
May 7, 2018
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