Colombia has 322 hydrocarbon exploration and production contracts

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By : Inspenet, December 20, 2022

According to information from the Rumbo Minero portal, Colombia has 322 hydrocarbon exploration and production contracts. In addition, of 35 suspended contracts, 32 have the capacity to incorporate prospective resources if exploratory activity is carried out.

The Ministry of Mines and Energy of Colombia presented its diagnosis on the balance of hydrocarbon contracts. It should be noted that the document was prepared together with the Hydrocarbons Directorate and the National Hydrocarbons Agency (ANH). Rumbo Minero had access to the report, with a closing date of December 13, 2022.

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According to the authorities, as of November 2022, Colombia registers 331 contracts signed with the ANH. But nine contracts whose objective is the search for resources in Unconventional Deposits (YNC) have not been considered; therefore, the total is 322 contracts.

In addition, these figures do not take into account the 49 current Association Contracts, which are managed by Ecopetrol. Likewise, it was noted that, of the 322 contracts mentioned, 207 have areas under exploration and 115 have areas only in the production stage.

Source : https://www.rumbominero.com/colombia/colombia-contratos-exploracion-produccion-hidrocarburos/

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