Ecopetrol President Says Colombia Gas Potential Between 14-64 Tcf

(Energy Analytics Institute, Piero Stewart, 10.Apr.2019) — Colombia’s natural gas potential — including onshore, offshore and non-conventional resources — is between 14 and 64 trillion cubic feet (Tcf), Ecopetrol President Felipe Bayón said on 10 April in an official company statement.

Colombia’s potential gas resources are distributed as such:

— Llanos Piedemonte: 3-10 Tcf

— Offshore Caribbean: 7-30 Tcf

— Non-conventional: 4-24 Tcf

– Middle Magdalena Valle

– Cesar-Ranchería

– Catatumbo

Total Gas Potential: 14-64 Tcf

Source: Ecopetrol

Colombia’s proved gas reserves were a mere 3.9 Tcf at year-end 2017, according to BP’s Statistical Review of Energy, while its reserves-to-production or R/P ratio was 10.8 years.

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© Energy Analytics Institute (EAI)

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