(ANH, 11.Jul.2019) — After more than five years without offers or rounds of new blocks for Exploration and Production of hydrocarbons in Colombia, the new Permanent Process of Area Allocation (PPAA) launched by the National Hydrocarbons Agency – ANH at the beginning of 2019 starts to bear its first fruits […]
Tag: ANH
ANH Approves Occidental Farm Out with Amerisur
(Amerisur, 11.Jun.2019) — Colombia’s National Hydrocarbon Agency (ANH) granted approval of the farm-out agreement with Occidental announced 23 November 2018. The deal relates to four exploration blocks: Putumayo-9, Terecay, Tacacho and Mecaya in the Putumayo region, southern Colombia. As previously stated, Occidental acquires a 50% interest in each block and […]
Seven Companies Bid For 11 Contracts In Colombia Oil Auction
(Reuters, 4.Jun.2019) — Seven companies have put in bids for 11 oil exploration contracts in Colombia, the government said on Tuesday, as the Andean country seeks to revitalize its oil sector. Frontera Energy, Geopark, Ecopetrol , Hocol, Parex Resources, Gran Tierra Energy and ONGC Videsh have put in a total […]
ANH Says 22 Companies Qualified To Bid On 20 Oil Areas In Colombia
(ANH Colombia, 30.May.2019) — After having been validated by the firm ‘Gestión y Auditoría Especializada S.A.S., independent auditor, the National Hydrocarbons Agency of Colombia published the final list of investors that are enabled to compete for the 20 areas for exploration and production of hydrocarbons. These areas were released on […]
Colombia Oil Auction Attracts 22 Qualified Bidders
(Reuters, 30.May.2019) — At least twenty-two companies are qualified to bid for new exploration contracts for 20 oil blocks in Colombia, the government said on Thursday, as the Andean country pursues its effort to increase crude reserves. Interested companies can present bids from Tuesday, June 4 with results expected on […]
LatAmNRG Q&A With ANH Colombia: Exploratory Drilling To Start In 2H:20
(Energy Analytics Institute, Piero Stewart, 24.May.2019) — As part of Energy Analytics Institute’s ongoing coverage of the Latin America and Caribbean energy sectors from conventionals, unconventionals to renewables, Colombia’s Hydrocarbons National Agency (ANH) weighs in on some of our Colombia-related questions. What follows are excerpts from our series: LatAmNRG Q&A […]
Colombia’s Ecopetrol Says Exports To U.S. Up On Venezuela, Higher Output
(Reuters, 22.May.2019) — Colombia’s state-run oil company Ecopetrol said on Wednesday its crude exports to the United States rose nearly 25% in the first quarter because of lower supply from neighboring Venezuela and higher production. The 4-week average for crude imports from Colombia have surged to near the highest levels […]
Colombia Oil Reserves Up 9.9% In 2018; Gas Reserves Decline
(Reuters, 13.May.2019) — Colombia’s crude oil reserves were up 9.9% to 1.96 billion barrels at the end of last year, as efforts to increase exploration, production and reserves paid dividends for the Andean country. At 2018 production levels the reserves are equivalent to 6.2 years of output, the Energy Ministry […]
ANH President Discusses Projects At Colombia’s Escuela Superior de Guerra
(Energy Analytics Institute, Aaron Simonsky, 26.Apr.2019) — Colombia National Hydrocarbon Agency President Luis Miguel Morelli presented “Offshore Exploration and Production Projects” during a discussion at Colombia’s Military School “Escuela Superior de Guerra”. ***
LatAmNRG Colombia Briefs: El Paso Solar Park, Seeking Electricaribe Investors
(Energy Analytics Institute, Piero Stewart, 5.Apr.2019) — Heard on the street and LatAmNRG briefs related to Colombia an inauguration of the 86.2 megawatt El Paso solar park in Cesar and the Colombian government seeking investors and/or operators for Electricaribe. Colombia Inaugurates 86.2 MW El Paso Solar Park In Cesar (Energy […]
Repsol, Exxon and Ecopetrol Enter Into Colombian Exploration Contracts
(Energy Analytics Institute, Piero Stewart, 3.Apr.2019) — Colombia’s National Hydrocarbon Agency (ANH) announced that Ecopetrol, Repsol Exploración Colombia S.A., and ExxonMobil Exploration Colombia Ltd signed two separate offshore exploration contracts for the “Gua Off-1” and “Col-4” blocks, ANH said 3 April 2019 in an official statement. Execution of both contracts […]
Frontera Energy Announces 3Q:18 Ops, Financial Results
(Frontera Energy, 7.Nov.2018) — Frontera Energy Corporation released its Interim Condensed Consolidated Financial Statements for the third quarter of 2018, together with its Management, Discussion and Analysis (MD&A). These documents will be posted on the Company’s website at www.fronteraenergy.ca and SEDAR at www.sedar.com. All values in this news release and […]
Santa Cruz Reports Sale of 200,000 Liters of Ethanol 92 In Four Days
(Energy Analytics Institute, Jared Yamin, 5.Nov.2018) — Commercialization of Bolivia’s new ‘Super Ethanol 92’ gasoline reached nearly 200,000 liters in the first four days after it was introduced in the department of Santa Cruz, reported the daily newspaper La Razón, citing National Hydrocarbons Agency (ANH) Director Gary Medrano. *** #LatAmNRG […]
Frontera Energy Announces Exploration Discovery in Colombia
(Frontera Energy, 10.Oct.2018) — Frontera Energy Corporation announced a light oil discovery from its Acorazado-1 exploration well on the 100% owned and operated Llanos-25 block in Colombia. Frontera also provided an operational update highlighting current production, major project activities and details regarding the fourth quarter drilling campaign. Richard Herbert, Chief […]
PentaNova Energy Updates on SINU-9 Farm Out
(PentaNova Energy Corp., 17.Aug.2018) — PentaNova Energy Corp. announced the SINU-9 Farm Out Agreement with Panacol Oil & Gas, a wholly owned subsidiary of LATAM Oil & Gas failed to close by the agreed closing date. Extensions to the closing dates were given, but Panacol was unable to complete the […]
Colombia Could Create New Oil Bid System
(Reuters, Luis Jaime Acosta, 24.Jul.2018) – Colombia is preparing changes to its bidding process for oil areas in an effort to increase investment and find new reserves, the head of the oil regulator said, after repeated cancellations of its latest oil round. The changes, including contracts adjusted to international crude […]
Colombia Boosts Exploration Drilling 77% During 2010-2017
(Energy Analytics Institute, Aaron Simonsky, 22.Jun.2018) – Colombia boosted the number of exploration wells drilled by 77% during the most recent seven years compared to the earlier seven. Colombia drilled 697 exploration wells during the seven-year period 2010-2017, representing 303 more wells when compared to the 394 exploration wells drilled […]
Colombia’s ANH Approves New Contract Model
(Energy Analytics Institute, Jared Yamin, 15.Jun.2018) – Colombia’s National Hydrocarbon Agency (ANH by its Spanish acronym) approved the new oil and gas exploration and exploitation contract model for offshore areas. The contract aims to entice large petroleum companies to make favorable investments in Colombia — especially those made in the […]
Frontera Plows Forward in Colombia
(Energy Analytics Institute, Ian Silverman, 12.Jun.2018) – Canada’s Frontera Energy Corporation continues its active drilling program in Colombia. The company had six (6) drilling rigs operating continuously in the first two months of the second quarter of 2018, of which three (3) were active in the Quifa heavy oil area, […]
Colombia’s ANH Denies Fracking Plans in Boyacá
(Energy Analytics Institute, Jared Yamin, 8.Jun.2018) – Colombia’s National Hydrocarbon Agency (ANH by its Spanish acronym) says it has no plans to carry out fracking activities in Boyacá department. The ANH, which is studying the subsoil in the area, plans to utilize very low impact geophysical acquisition tools, such as […]
Gran Tierra Announces Chaza Arbitration Resolution
(Gran Tierra Energy Inc., 8.Jun.2016) – Gran Tierra Energy Inc. announced the receipt of a positive decision from the Chamber of Commerce of Bogotá Center for Arbitration and Conciliation tribunal relating to its dispute with the Agencia Nacional de Hidrocarburos (National Hydrocarbons Agency) of Colombia (ANH) with respect to whether […]
Ecopetrol Oks Creation of New Subsidiary
(Ecopetrol S.A., 19.Aug.2015) – The Board of Directors of Ecopetrol S.A., in its meeting held on 14.Aug.2015, authorized the creation of a Colombian company indirectly wholly owned by Ecopetrol. The creation of the new subsidiary seeks to develop offshore activities in Colombia, which the company currently carries out as operator […]
LatAmNRG: Heard On The Street 3Q:13
(Energy Analytics Institute, 30.Sep.2013) – Information in this section, provided by Energy Analytics Institute editors and reporters, is hearsay and thus should be treated as such. The names of our many sources have been withheld to protect their identities and family members in Venezuela. COMBUSTIBLES A number of gasoline stations […]