ACP as a source of information
Source: El País – Regional
Date: September 27
Headline: Oil production in the country increases by 3.51%
In the first eight months of the year, it reached an average of 888,200 barrels per day, reported Mínimas. International prices drop a little. The Ministry of Mines and Energy reported that oil production at the end of August was an average of barrels per day, a figure that translated into an annual growth of 3.51% compared to the first eight months of last year when a production of 857,671 barrels was recorded. (…) The price of West Texas Intermediate (WTI) oil fell by 0.11% and closed at US$... per barrel after a volatile day marked by fears of an impeachment trial against U.S. President Donald Trump. Graph. Average oil production in Colombia. Source: ACP.
Hydrocarbons Sector
Source: El Tiempo
Date: September 27
Headline: Growth of 30,470 barrels during the year
An average growth of 30,470 barrels per day has been recorded this year in oil production, as it increased from 857,759 barrels extracted between January and August 2018 to 888,229 barrels in the same period of 2019, representing an increase of 3.55 percent, according to the Ministry of Mines and Energy based on figures from the National Hydrocarbons Agency.
Source: El Espectador
Date: September 27
Headline: They will offer an oil block
To consolidate foreign investment in the Catatumbo region, where illegal groups mainly dedicated to drug trafficking converge, the Government expects to offer oil companies the Block of Peace field, within the portfolio of 59 oil areas of the National Hydrocarbons Agency (ANH).
Source: El Espectador
Date: September 27
Headline: Notes on President Duque's speech. By: Claudia Morales
President Iván Duque delivered a speech at the Climate Change Summit at the United Nations. There, he mentioned three things that caught my attention. (…) The second: «A year ago, when our Government started, we had only 0.11% of our energy matrix in unconventional renewable energies. In one year, we have tripled it, and our goal is to reach 10% by the year 2022.» Meanwhile, we heard the Minister of Mines say that Colombia depends on oil and large-scale mining and does not tell us how we are steering the economy towards transitions to sustainably harness other resources.
Source: La República
Date: September 27
Headline: It is a good time to invest in the local market
At the ‘Investor Conference 2019 Lima’ organized by Credicorp Capital, stock market experts assured that they are optimistic about the local market, as it is the fastest growing in the region compared to comparable countries. (…) Juan Carlos Echeveny, former Minister of Finance and former president of Ecopetrol, explained during one of the panels of the event that the way cycles behave and the moment Colombia is currently going through suggests that the recovery is just beginning, which could project sustained growth in the next two or three years, which would be positive for investment.
Source: La República
Date: September 27
Headline: Oil production as of August increased by 3.51% reaching 888,201 barrels.
The hydrocarbons industry continues to show good indicators. According to the latest report from the Ministry of Mines and Energy, oil production as of August grew by 3.51% after reaching an average of 888,201 barrels per day, while commercial gas operations rose by 8.71% with a total of 1,049 million cubic feet per day (mpcpd). (…) The significant increase in commercial gas production was due to higher demand in August in the fields of Acordeón (San Marcos-Sucre), Carmentea (Tauramena-Casanare), Clarinete (La Unión-Sucre), Pandereta (Caimito-Sucre), Palmer and Nelson (Pueblo Nuevo-Córdoba), Cupiagua and Cusiana Norte (Aguazul-Casanare), among others. (…) “A secondary recovery has been seen due to water injection in the reservoirs, which increases the recovery factor. This makes the increase in activity immediate and leads to significant production increases,” said Carlos Leal, president of the board of directors of Acipet. It is noteworthy that the increase in crude production was achieved by the fields of Acordionero, Caño Sur Este Chiricoca, Rubiales, Andina, Caño Limón, Rex Ne, and Finn, among others.
Source: Portafolio
Date: September 27
Headline: Crude pumping increased to 882,831 barrels.
The country's oil production increased to 882,831 barrels per day (bpd) in August, a 1.81% increase compared to the same month in 2018, due to optimization of pumping in 13 fields, reported the Ministry of Mines. The report revealed that production increased by 1.621% compared to the 868,755 bpd in July. (…) Between January and August 2019, commercial gas production reached 1,049 million cubic feet per day (mpcpd), an 8.71% increase compared to the same period in 2018, when production was recorded at 964 mpcpd.
Source: El Colombiano
Date: September 27
Headline: Oil production increased by 3.56%.
This was announced by the Ministry of Mines and Energy. According to the department, during the first eight months of the year, crude production reached an average of 888,201 barrels per day, which allows for a growth of 3.56% when compared to the results of the same period last year, when the number reached 857,671 barrels per day. Now, if we review the data only for the eighth month of 2019, it is found that the indicator reached 882,831 barrels, which represents an increase of 1.8% compared to the same month in 2018 (866,460 barrels) and also grew by 1.62% compared to July 2019. According to the Ministry of Mines, the increase was due to the rise represented by fields such as Acordionero (San Martín-Cesar), Akacias, Chichimene, and Chichimene SW (Acacías-Meta), Avispa (Cabuyaro-Meta), Caño Sur Este (Puerto Gaitán-Meta), and Chiricoca (Tauramena-Casanare), among others.
Source: La Opinión
Date: September 27
Headline: The ANH will announce studies for a gas pipeline that will benefit Cúcuta.
The National Hydrocarbons Agency (ANH) will present, this Friday, at the Chamber of Commerce of Cúcuta, the pre-feasibility studies for constructing a gas pipeline that connects the capital of Norte de Santander with the main Transportadora de Gas Internacional network. The study prepared for the Mining Energy Planning Unit was financed by the ANH, and the project will be executed by a private company. For the gas pipeline, only the financial closure is needed to sign the contract and start the work. The project would be 140 kilometers long. “Fields like those of Oripaya are in decline, so if the gas pipeline is not built, the city would be left without a supply of natural gas and would depend on liquefied gas,” warned Luis Miguel Morelli Navia, director of the ANH.
Source: unipymes.com
Date: September 27
Headline: Colombia expects to sign 20 exploration contracts in the new round: ANH.
Colombia expects to sign at least 20 contracts for the exploration of oil and gas in the second cycle of a permanent area allocation process, said the president of the National Hydrocarbons Agency (ANH) on Thursday, while hoping for good news in the offshore search in the next 18 months. The South American country offers 59 blocks in the auction after offering 20 blocks in the first part of 2019 and awarding 11. Five of the blocks offered in the second cycle are offshore and 24 have potential for gas production. (…) Of the four blocks, one is operated by Shell and Noble Energy, one by Ecopetrol, and two by a partnership between Ecopetrol, Repsol, and Exxon Mobile.
Source: confidencialcolombia.com
Date: September 27
Headline: This would be the date on which Ecopetrol would start fracking pilots in Colombia
The Colombian state oil company Ecopetrol will be ready to begin developing fracking pilots in the second half of 2020, said CEO Felipe Bayón, while oil companies await regulatory guidelines for the projects. The pilots are part of the South American country's efforts to determine whether hydraulic fracturing that breaks rock formations with pressurized liquid to produce hydrocarbons will be allowed. (…) The joint investment alliance with Occidental Petroleum Corp in the Permian Basin of Texas, United States, will allow the company to develop the capabilities it needs to exploit future oil shale deposits in Colombia, Bayón said.
Regional News
Source: eldiariodelllano.com
Date: September 26
Headline: Alliance signed for the sustainable development of the Orinoquía
Ecopetrol and the Alexander Humboldt Biological Resources Research Institute signed an agreement to promote the sustainable transition of the hydrocarbon sector in areas of interest and influence for the company, where intervention, social, and ecological planning projects will be developed. The agreement will last three years and will allow the oil industry to expand its knowledge about current conditions and intervention possibilities in the territories. (…) “We celebrate this agreement with the Alexander Humboldt Institute, an alliance that will contribute to our goal of promoting the sustainable transition of the hydrocarbon sector and implementing concrete initiatives that help conserve the biodiversity of ecosystems and the natural capital that our country has,” said Santiago Martínez Ochoa, Environmental Performance Manager of Ecopetrol.
Source: laschivasdelllano.com
Date: September 27
Headline: The San Luis de Palenque Node of the National Youth Environment Network was formed in Casanare
With technical assistance from professionals in the Environmental Education area of Corporinoquia, the National Youth Environment Network San Luis Node was formed in the Municipality of San Luis de Palenque, aimed at promoting dialogue and youth participation. Its formation aims to contribute to the Sustainable Development of the municipality through leadership, knowledge exchange, and the realization of individual and collective actions through the exercise of a volunteerism aware of the challenges posed by the transformation of local, departmental, and global realities.
Colombian Association of Oil and Gas