(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 […]
Tag: Ryder Scott Company
Government Expects Higher Than Budgeted Revenues, Forex From Oil, Gas
(Trinidad and Tobago Newsday, 22.Mar.2022) — Finance Minister Colm Imbert said Trinidad and Tobago can expect to enjoy quite higher earnings from the sale of crude oil and natural gas, even as he boasted of foreign reserves now at US$6.7 billion or eight months of import cover, well in excess […]
Ryder Scott 2020 Audit Reveals Decline In Trinidad and Tobago Gas Reserves
(Trinidad and Tobago Newsday, 14.Dec.2021) — Despite volume increases in multiple fields, the 2020 Ryder Scott audit revealed on Tuesday that there was a decline in recoverable gas in TT. The report, explained by Ryder Scott vice president Herman Acuna, revealed that 56 per cent of volume replacement in proven […]
NRGBriefs: Trinidad To Reveal Ryder Scott Details
(Energy Analytics Institute, 8.Dec.2021) — Energy briefs including Argentina aspiring to produce 1 MMb/d in five yrs; Trinidad and Tobago looking to reveal details of a new Ryder Scott gas reserve report; rumors circulating about the health of Venezuela’s oil minister Tareck El Aissami; and more. LATIN AMERICA AND THE […]
Ecopetrol’s Reserves Fall To 1,770 MMboe At YE:20
(Ecopetrol, 19.Feb.2021) — Ecopetrol S.A.’s consolidated crude oil, condensates and natural gas proven reserves (1P reserves, according to the standard international denomination) as of 31 December 2020. Reserves were estimated based on US Securities and Exchange Commission (SEC) standards and methods. 99% of the reserves were audited by five recognized […]
Trinidad’s Gas Reserve Rise Slightly In 2018
(Energy Analytics Institute, Piero Stewart, 20.Nov.2019) — Trinidad and Tobago’s proved natural gas reserves rose just 0.1% to 10,526 billion cubic feet (Bcf) in 2018 compared to 10,515 Bcf in 2017, according to details in a reserve report prepared by Ryder Scott Company Petroleum Consultants. The country’s probable gas reserves […]
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 […]