Ecopetrol to sign the first fracking pilot contract for $ 76 mn

State oil company, Ecopetrol, is the first firm authorized by the Colombian National Hydrocarbons Agency (ANH) to participate in the fracking pilots that, according to the Ministry of Mines and Energy, could start in 2021. Ecopetrol will initiate the investment plan for the Pilot Projects of Integral Research (Ppii) on unconventional fields, with estimated total investments of $ 110 million. The participation in the Kalé segment located in the Middle Magdalena Valley is the first, with a $76.7 million investment.

Source: La República