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Colombia has seen its oil production more than double in the past seven years as market-friendlier tax and royalty rates and the government's success in taking back territory once controlled by ...
The main Colombian guild for oil, gas, and energy service companies proposed on Tuesday several measures to mitigate the drop in exploration and production (E&P) of oil and to take on the natural gas ...
Thus far the Colombian oil production has been amounting only to a few thousand barrels for local consumption. The rich possibilities of these deposits, however, and the relation of the American ...
Better technology and improved recovery rates in aging oil fields have also boosted output, said PFC Energy analyst T.J. Conway. “Colombia has done an exemplary job in reversing production ...
Ecopetrol, whose shares are 88.5% held by the Colombian government, said total production in the period edged up 0.6% year-on ...