(Editors at Energy Analytics Institute, 13.Jan.2025) — Energy briefs as well as others related to finance, economics, politics, and projects during Jan. 2025 including Venezuela [more…]
Tag: fracking
Argentina’s Revival Will Move Global Energy Markets
(LatAm Investor, 20.Jan.2023) — Most international investors keep clear of Argentina. It has an unenviable record of default and expropriations while successive governments seem unable [more…]
Ecopetrol says Fracking Could Boost Reserves by up to 15 Years
(Reuters, 5.May.2022) — The use of commercial fracking in Colombia could boost oil and gas reserves by between 12 and 15 years, majority state-owned oil [more…]
Colombia Judge Orders Suspension of Fracking Pilot Project
(Reuters, 21.Apr.2022) — A judge in the Colombian city of Barrancabermeja on Thursday suspended an environmental license granted to a hydraulic fracturing – or fracking [more…]
Colombia Oil Workers Join Anti-Fracking Campaign
(Reuters, 6.Apr.2021) — Colombia’s largest oil union has joined anti-fracking activists to oppose the development of non-conventional energy deposits and demand a quicker transition to [more…]
Vaca Muerta Now Producing At Record Levels
(Rystad, 3.Feb.2021) — The oil production decline that the Covid-19 pandemic brought to Argentina’s Vaca Muerta formation now seems like a distant memory. The reserve’s [more…]
Ecopetrol Eyes Two Promising Developments
(Energy Analytics Institute, 31.Jan.2021) — Colombia’s state oil and gas company Ecopetrol is eyeing two promising developments in Colombia that could utilize initial lessons learned [more…]
Driller Stuns Creditors As Argentina’s Dollars Dwindle
(Bloomberg, 19.Jan.2021) — In the 99 years since it was founded to pump the oil fields of Patagonia, Argentine energy driller YPF SA has been whipsawed by [more…]
Facing An Economic Crisis, Colombia Turns To Fracking
(Sierra Club, 17.Dec.2020) — San Martín is full of oil men. This small, no-nonsense Colombian town in the department of Cesar, is hot, chaotic, and [more…]
Ecopetrol Eyes Capex of $3.5-$4bn In 2021
(Ecopetrol, 14.Dec.2020) — Ecopetrol S.A.’s Board of Directors approved the 2021 organic investment plan for the Ecopetrol Group (GE) for an estimated amount between $3.5bn [more…]
Colombia Bid Round To Investigate Fracking Projects
(Reuters, 11.Nov.2020) — Colombia will hold a second bidding round to potentially grant contracts to companies interested in exploring non-conventional oil and gas deposits, using [more…]
Ecopetrol Reports Positive 3Q:20 Results
(Ecopetrol, 28.Oct.2020) — Ecopetrol S.A. announced the Ecopetrol Group’s financial results for the third quarter and the first nine months of 2020. Financial results were [more…]
Colombia’s First Fracking Could Start In Late 2021
(Platts, 6.Oct.2020) — The first fracking in Colombia could come by the end of 2021, after companies obtain necessary environmental permits, energy minister Diego Mesa [more…]
Q&A: Colombia’s Lloreda Eyes E&P Revival
(Argus, 28.Sep.2020) — Colombia’s oil industry is slowly shaking off the double market blows of 2020 while it prepares to debut unconventional pilot projects. Oil [more…]
Bayón Says Unconventionals Not The Only Option
Ecopetrol’ CEO Felipe Bayón said unconventionals were a very important option for Colombia since they allowed the country to boost its oil and gas reserves-to-production ratios while generating benefits for many regions such as employment, and goods and services. But he added: “In terms energy security, unconventionals are very important but they’re not the only option.”
ExxonMobil Secures Another LT Vaca Muerta Concession
(Argus, 14.Aug.2020) — ExxonMobil has been awarded a 35-year concession for another block in Vaca Muerta, a massive shale play that has been driving the [more…]
Quiet Destruction Of Colombia’s Shale Potential
(Oilprice.com, 23.Jul.2020) — Sharply weaker oil prices, falling investment and dwindling oil production are weighing heavily on Colombia’s economic outlook. Last decade, the strife-torn Andean [more…]
BJ Services’ Milestone With Fracturing Technology
(BJ Services, 4.Jun.2020) — At the end of April 2020, BJ Services completed a 1,000-hour field trial of its next-generation direct-drive turbine fracturing pump, TITAN™. [more…]
Argentina’s Shale Boom Hits New Milestone
(Oilprice.com, Irina Slav, 10.Dec.2019) — YPF, the Argentine state energy company, has drilled the longest horizontal oil well lateral, at 3,890 meters, or more than [more…]
Ecopetrol To Ratchet Up Oil Output By 4% In 2020
(S&P Global Platts, 30.Oct.2019) — Colombia’s state-controlled Ecopetrol is targeting 2020 production of 740,000-760,000 barrels of crude and equivalents per day, up to 4% more [more…]
Colombia Fracking Pilots Could Start In Late 2020: Ecopetrol CEO
(Reuters, Jessica Resnick-Ault, 25.Sep.2019) — Colombia’s state-run oil company Ecopetrol will be ready to start fracking pilot projects in the second half of 2020, chief [more…]
Colombia Court Maintains Fracking Moratorium
(Reuters, 10.Sep.2019) — Colombia’s top administrative court maintained a temporary moratorium on the use of fracking on Tuesday, stymieing potential pilot projects amid ongoing arguments [more…]
Exxon, Chevron See U.S. Shale Field Consolidation
(Reuters, 4.Sep.2019) — The two largest U.S. oil and gas companies on Tuesday left the door open for more acquisitions in the country’s top shale [more…]
Argentina NatGas Exports Reach 5.9 MMcm/d In 1H:19
(Energy Analytics Institute, Aaron Simonsky, 22.Aug.2019) — Argentina shipped an average 5.9 million cubic meters per day (MMcm/d) of natural gas to Chile, Brazil and [more…]
Colombia Pipeline Ready To Transport More Crude
(Reuters, 21.Aug.201 9) — Pipeline company Oleoducto de Colombia is ready to move increased crude output from the center of Colombia to the Caribbean if [more…]
Mexican Lawsuit Risks Permian Route To Market
(Petroleum Economist, Charles Waine, 2.Aug.2019) — Mexico’s Comisión Federal de Electridad (CFE), the state-owned electricity utility, has started legal proceedings against seven natural gas pipelines. [more…]
Ecopetrol Call To Discuss Oxy Midland Basin Deal
(Ecopetrol, 31.Jul.2019) — Ecopetrol S.A. announces that on August 1st, Ecopetrol’s senior management will host two conference calls to review the joint venture with Occidental [more…]
Ecopetrol and Occidental Form Strategic Midland JV
(Ecopetrol, 31.Jul.2019) — Ecopetrol S.A. announced formation of a joint venture with Occidental Petroleum Corporation to develop 97,000 net acres of Occidental’s Midland Basin properties [more…]
Argentina Gas Output At Highest Point In 11 years
(Energy Analytics Institute, Aaron Simonsky, 29.Jul.2019) — Production of crude oil and natural gas in Argentina continues to rise, aided by growth in unconventional volumes [more…]
Shale Helps Argentina Hit Oil, Natgas Output Record
(Reuters, 2.Jul.2019) — Argentine oil and natural gas output hit a record high in May thanks to increased production from the country’s sprawling Vaca Muerta [more…]
Vaca Muerta Finally Produces Oil, 100 Years Later
(Bloomberg, Jonathan Gilbert, 25.Jun.2019) — Along the western edge of Argentina’s Patagonia, on an arid steppe nestled against the Andes mountains, lies a shale formation [more…]
LatAmNRG Q&A Series With Barry Blacklock About Water Management In Fracking
(Energy Analytics Institute, Ian Silverman, 8.Jun.2019) — As part of Energy Analytics Institute’s ongoing coverage of the Latin America and Caribbean energy sectors from conventionals, [more…]
Colombian Streets Filled With Protests Against Fracking
(Energy Analytics Institute, Piero Stewart, 7.Jun.2019) — Protesters in Colombia took to the streets across the Andean country on Friday 7 June to show their [more…]
Exploring The Innovative Evolution Of Hydraulic Fracturing
(JPT, Matt Zborowski, 3.Jun.2019) — Fueled by a culture of innovation, hydraulic fracturing has transformed the energy landscape from inside North America out. But achieving [more…]
Argentina’s Economic Crisis Threatens To Stall Vaca Muerta
(Petroleum Economist, Charles Waine, 14.May.2019) — Argentina’s hope of fast-tracking production from its vast Vaca Muerta shale play, the world’s second largest by output, could [more…]
Argentina’s Vaca Muerta Formation Produces 35% Of Country’s Natural Gas
(Energy Analytics Institute, Aaron Simonsky, 23.Apr.2019) — Argentina’s Vaca Muerta formation currently accounts for close to 35% of Argentina’s natural gas production and 15% of [more…]
Colombia’s Ecopetrol Advances With Fracking Plans, Seeks License
(Energy Analytics Institute, Piero Stewart, 30.Oct.2018) — Colombia’s state oil company Ecopetrol has requested an environmental license over an area where it plans to begin [more…]
Ecopetrol Seeks License To Start Fracking Tests In Colombia
(Reuters, Luis Jaime Acosta, 29.Oct.2018) — Colombia’s state oil company Ecopetrol has requested an environmental license to launch a pilot plan to explore for crude [more…]
Añelo Population Growth Part Of Region’s Shale Boom
(Energy Analytics Institute, Ian Silverman, 20.Oct.2018) — Añelo’s population is expected to reach 25,000 by 2023 compared to nearly 8,000 today and just 2,000 in [more…]
Texas Would Have A ‘Party’ If Mexico Prohibited Fracking
(Energy Analytics Institute, Ian Silverman, 16.Oct.2018) — Prohibiting fracking in a generalized manner, as announced by Mexico’s president-elect Andrés Manuel López Obrador (AMLO), would be [more…]
Añelo: The Two Realities of this Small Town in the Heart of Neuquen
(Energy Analytics Institute, Jared Yamin, 10.Oct.2018) — Añelo is a small oil town located in the heart of Neuquen and the Vaca Muerta shale revolution. [more…]
Vaca Muerta Looks To Attract $7 Bln In Investments In 2019
(Energy Analytics Institute, Jared Yamin, 6.Oct.2018) — Investors could inject $7 billion into the Vaca Muerta in 2019, announced Neuquén Governor, Omar Gutiérrez. “In 2019, [more…]
Ecopetrol: Fracking Likely In Colombia, Business Prospects Are Positive
(Seeking Alpha, Dylan Quintilone, 14.Sep.2018) — Ecopetrol SA is a Colombian oil and gas company with headquarters in Bogotá, Colombia. The company is listed by [more…]
Argentina: Exploration And Production Snapshots
(Deloitte, 31.Aug.2018) — In the wake of a decade-long slump in Argentina’s oil and gas industry, the country is now well positioned to resurrect international [more…]
Vaca Muerta Megaproject – A Fracking Carbon Bomb In Patagonia
(Observatorio Petrolero Sur, 5.Feb.2018) — Vaca Muerta is a leading case for the next generation of fossil fuels. Big Oil and Gas companies are keen [more…]
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