Colombia registered 143 drilling rigs in operation in December 2018

Rubiales was the field with the highest oil production with a national share of 14.3%.

A report from Campetrol revealed that the country recorded 143 drilling rigs in operation in December, compared to 140 in the previous month. According to the study, the number of operating rigs increased almost by half in 2018 considering that on average there were 129 rigs, in contrast to 78 in 2017.

With the figure from November of seven exploratory wells, a total of 45 wells was recorded in 2018. This figure represented an achievement of 70% of the projected goal for the year, considering that the projection was for 65 exploratory wells.

“Likewise, it is important to highlight that for the same month in 2017 there was a total of 50 exploratory wells,” clarified the study.

Although the overall consolidated data on oil production by departments is not yet available, as of August 2018, the five main departments (Meta, Casanare, Santander, Arauca, and Putumayo) contributed 85.4% of the total production.

Meta and Casanare, for their part, led the production participation for that month, as according to the report they had 49% and 19% of participation, respectively.

The 10 fields with the highest production represented in August 2018 about 53% of the total production of the country.

In fact, the Rubiales field continues to hold the largest national share with 14.3% and an annual growth of 3.7% in its production.

“Regarding the function of the drilling rigs, of the 252 consolidated rigs for the month of December, 138 were allocated to drilling activities, of which 70 were reported as contracted and 61 in operation,” explained Campetrol in its report.