Oil production in Colombia increased 0.12% during August; gas recorded a 2.97% decrease

This is an automated translation of the Minenergia release originally published in Spanish.

The National Hydrocarbons Agency (ANH) reported that the controlled oil production during August of this year averaged 749,022 barrels per day (bopd), 0.12% higher than that recorded in July 2022 when it was 748,148 average barrels per day.

This behavior is due to the reestablishment in production and the entry of new wells in the departments of Meta and Arauca. Compared to the same month in 2021, there was an increase in daily oil production of 0.17% (749,022 vs. 747,772 bopd).

The increase in production occurred mainly in the fields: Índico (Cabuyaro-Meta), Rubiales (Puerto Gaitán-Meta), Platanillo (Puerto Asís-Putumayo), Caño Limón (Arauca/Arauquita-Arauca), and Mariposa (Cabuyaro-Meta).

Meanwhile, the ANH reported that the average production of commercialized gas was 1,087.29 million cubic feet per day (mcfd) during August 2022, which represented a decrease of 2.97% compared to the previous month, when it reached 1,120.61 mcfd. This decrease was due to the drop in the average production of the Cupiagua Liria field and due to electrical failures in the Clarinete field.

Compared to August 2021, the production of commercialized gas increased by 2.41%, going from 1,061.74 mcfd to 1,087.29 mcfd.

The decrease in gas production in the eighth month of the year is explained by the behavior of demand, presenting a decrease in gas sold from the Clarinete (Sahagún/La Unión- Córdoba/Sucre), Cupiagua Sur (Aguazul-Casanare ), Aguas vivas (Sahagún-Córdoba), Cupiagua Liria (Aguazul-Casanare), and Kananaskis (Tauramena-Casanare).