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2 clusters · 2 sources · 18 days · First seen · Last updated

Hydrocarbon exploration and fracking in Colombia

Overview

In Colombia, Ecopetrol chairman Luis Felipe Henao has called for the immediate implementation of fracking to address declining hydrocarbon reserves and a growing dependency on gas imports. Henao noted that proven natural gas reserves have decreased by approximately 46% over the last four years and argued that the country “no longer has time for pilot programs” if it is to ensure energy sovereignty.

Following these calls for unconventional reservoir development, energy companies have begun advancing specific projects in the region. In Colombia, Drummond Energy announced plans to begin fracking operations in 2027 within the Cesar-Rancheria basin, targeting the La Luna formation. This move shifts the company's focus from regasification projects toward non-conventional reservoirs, with initial stages expected to require 10 to 12 wells to establish technical and commercial viability.

Entities

Camisea · Drummond Energy · Colombia · Ecopetrol · Cesar-Rancheria

Timeline

  1. 17 days ago

    [BUSINESS] 2 sources
    Energy companies announce major hydrocarbon projects in Colombia and Peru

    Drummond Energy plans to start fracking in Colombia by 2027, while Pluspetrol will invest US$ 100 million in Peru's Camisea region to boost natural gas production.

  2. about 1 month ago

    [BUSINESS] 2 sources
    Ecopetrol chairman advocates immediate fracking in Colombia

    Ecopetrol chairman Luis Felipe Henao urges the immediate adoption of fracking in Colombia to address declining gas reserves and reduce the country's 30% dependency on gas imports.

Sources

gestion.pe · lasillavacia.com