RIO DE JANEIRO, BRAZIL (By Petrobras, 28.Jan.2026, Words: 362) — Petrobras disclosed its proved reserves of oil, condensate and natural gas, according to US Securities and Exchange Commission (SEC) regulation, estimated at 12.1 billion barrels of oil equivalent (boe), as of 31 Dec. 2025. Oil and condensate, and natural gas correspond […]
Tag: DeGolyer and MacNaughton
Ecopetrol Boosts Reserves to 2,011 MMboe at YE:22, Highest in 8 Years
(Ecopetrol, 24.Feb.2023) — Ecopetrol S.A. (BVC: ECOPETROL, NYSE: EC) reported its proven crude oil, condensate, and natural gas reserves (1P reserves according to the standard international denomination), which include the results of Ecopetrol and its subsidiaries, as of 31 December 2022. Highlights: The reserves-to-production or average reserves life of the Ecopetrol Group […]
Geopark To Divest 10% Stake In Manati Gas Field In Brazil
(GeoPark, 23.Nov.2020) — GeoPark Limited announced its Board of Directors has approved an agreement to sell its 10% non-operated working interest in the Manati gas field in Brazil to Gas Bridge S.A. The total consideration of the transaction amounts to R$144.4mn (approximately $27mn1), including a fixed payment of R$124.4mn plus […]
Ecopetrol Reserves Fall to 1,598 MMboe in 2016
(Ecopetrol S.A., 17.Feb.2017) – This valuation was made at a regulatory price of $44.5/barrel, lower prices negatively impacted 202 million barrels … Ecopetrol S.A. announced its proven reserves (1P, according to the international designation) of crude oil, condensate and natural gas owned by the company, including its interest in affiliates […]