Colombian oil production falls 14.8 in October

Colombia’s oil production fell 14.8% YoY in October to 751,374 barrels per day (bpd), the Ministry of Mines and Energy reported Thursday. In October of last year, production was 882,677 bpd. Compared to last September, there was an increase of 0.28%. Average crude oil production between January and October reached 785,526 barrels per day, a drop of 11.4% compared to the same period in 2019, when it stood at 886,777 bpd. Meanwhile, natural gas production in October fell 1.8% to 1,091 million cubic feet average day (mpcpd), compared to 1,112 mpcpd in the 10th month of 2019.

Source: Reuters