(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 […]
Tag: Sproule International Limited
Bolivia Revises Gas Reserves, Fixes GCC Line
(Argus, Patricia Garip, 3.Dec.2019) — Bolivia’s new interim government has revised down the figure for natural gas reserves, applying a more conservative interpretation of the certified data. Proven reserves are 8.95 Tcf (254bn m³) as of the end of 2017, rather than 10.7 Tcf as the previous government had asserted, […]
Transparency in Bolivian Hydrocarbon Information Needed, Jubilee Foundation Says
(Energy Analytics Institute, Ian Silverman, 3.Oct.2018) — Transparency in information is necessary in order for Bolivia and producing departments of the small Andean country to understand the full details related to natural gas and crude oil reserves by department and field, announced the Jubilee Foundation. Such important and timely information […]
Bolivian 3P Gas Reserves Reach 14.7 Tcf at YE:17
(Energy Analytics Institute, Jared Yamin, 3.Sep.2018) — Bolivia’s proved, probable and possible (3P) natural gas reserves rose to 14.7 trillion cubic feet (Tcf) at year-end 2017, according to a reserve report produced by Canadian company Sproule International Limited. These proved (1P) reserve figures compared to 9.94 Tcf in 2009, when […]
Sproule To Publish Bolivian Reserve Report
(Energy Analytics Institute, Ian Silverman, 28.Jul.2018) – Sproule International Limited, the foreign consortium that will quantify and certify Bolivia’s hydrocarbon reserves, plans to publish its reserve report in late August 2018. The consortium, which was awarded the project earlier this year for $750,000, had originally planned to publish the report […]