Colombia´s gas and oil authority to receive today proposals for fracking pilots

Colombia´s National Hydrocarbons Agency announced that Ecopetrol, ExxonMobil and the Drummond mining company are the companies authorized to start the presentation of proposals today to carry out the pilots. Awarding of fracking pilot contracts would be done on November 23 of this year, and from there the contracts would begin, including the processing of environmental licenses. Current estimates of hydrocarbon resources in the middle Magdalena Valley are 5,000 million barrels, more than three times the current reserves.

Source: La República

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s