FARC reintegration chief assassinated in south Colombia
“Corruption cost Colombia’s peace process $119M”
Colombia suggests top guerrilla leader killed in Venezuela
Renowned economist designated Colombia’s new finance minister
Truth Commission: Colombia needs radical policy changes to...
Colombia’s controversial moment of truth
At least 49 dead after ‘prison break attempt’...
Colombia’s incoming government begins “total peace” offensive
Colombia investigating bullfighting tragedy
Petro’s first moves to restructure Colombia’s government
  • About
  • Support
  • Newsletter
  • Contact
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
Economy

Colombia’s oil production up in March

by Samuel Thomson April 5, 2011

Colombia News - Ecopetrol

Oil production for Colombia in March reached 884,000 barrels per day, a more than 15% increase from the same month the previous year, reported El Espectador.

The state-run company Ecopetrol and its associates produced figures of 786,000 bopd (barrels of oil per day), while the contracts administered by the firm ANH exceeded 98,000 bopd.

For March last year, Colombia was producing 766,000 bopd, making Tuesday’s figures a marked increase. On average the country has produced 860,000 barrels of crude oil daily so far in the first quarter of 2011.

This increase has been primarily brought about by the increased productivity of Ecopetrol who saw a jump of 106,000 bopd in their production for March 2011 compared to the same month last year.

Ecopetrol President Javier Gutierrez announced last week that the company is on track to produce 1.45 million boepd (barrels of oil equivalent per day) by 2013, including natural gas production, reaching their target of one million per day two years earlier than than originally forecast.

economyEcopetroloil

Trending

  • At least 49 dead after ‘prison break attempt’ in west Colombia

  • Truth Commission: Colombia needs radical policy changes to end conflict

  • Renowned economist designated Colombia’s new finance minister

Related articles

  • Gross domestic product

  • Labor and unemployment

  • Scholars’ drastic solutions for Colombia | Part 1: renegotiating free trade

  • RSS

@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top