(Energy Analytics Institute, Piero Stewart, 1.Nov.2018) — Colombia’s state oil company Ecopetrol is boasting a 67% exploration success rate based on six completed wells thus far in 2018.
Of the six wells, two were abandoned and 4 were successful, reported the company in its third quarter results update. Three other wells are still under evaluation.
Ecopetrol aims to drill a 12 exploratory wells in 2018.
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https://energy-analytics-institute.org/ecopetrol-profit-nearly-triples-on-oil-price-boost/