Hocol celebrates 65 years producing energy for Colombia

Hocol celebrates 65 years of energy production for Colombia this August 31. The company was founded on August 31, 1956, in the department of Huila and has since expanded its activities to nine departments in the central, eastern, and northern regions of the country.

After five years of being founded, the company confirmed its first exploratory results with an initial average production of 100 barrels of oil during the first tests in the Dina field, near Neiva, in 1961. In 2020, Hocol's total production in its 24 onshore fields and one offshore field reached over 13 million barrels of oil.

“Hocol went from being a dream to becoming a great oil and gas exploration and production company. One of the most important achievements we have reached is being able to work hand in hand with communities and with hundreds of contractor companies that make it possible for us to be this important source of development and well-being for Colombia today,” highlighted Rafael Guzmán, president of Hocol.

There are many achievements of Hocol during these years of work; the birth and development of the energy industry in Huila, the construction of the Alto Magdalena Pipeline – a key energy infrastructure project for the transportation of hydrocarbons in the country –, the initial development of the eco-reserve La Tribuna (now operated by Ecopetrol) – an important environmental sustainability experience as a complementary conservation strategy in oil production areas –, the development of the fields in Puerto Gaitán and its natural reserve Campo Ocelote and recently, the
acquisition of the 43% of the participation and operation of the Guajira Association to strengthen natural gas production opportunities from the Colombian Caribbean through the only offshore production operation currently existing in Colombia. These are just some of
the important milestones that Hocol includes in its list of results and achievements.

During its 65 years of history, Hocol has gathered the experience and knowledge of several national and international owners. Since May 2009, the company has proudly been part of the Ecopetrol Group, contributing to its growth strategy, basin diversification, and its
portfolio of light crudes and gas.

Thanks to its continuous innovation and diversified portfolio, Hocol will continue working on the development of energy opportunities for Colombia in the future.