BOGOTA (Reuters) - Colombian energy company Ecopetrol said on Monday it has reached an agreement to renew its oil joint venture with Occidental Petroleum in the U.S. Permian basin in Texas. There had been uncertainty over the future of the joint venture after Ecopetrol, which is majority state owned, backed out of a

Ecopetrol y OXY extendieron alianza en cuenca Permian y siguen aportes del fracking

larepublica.co

Bogotá

Bogota

Colombia

Ecopetrol and OXY extended alliance in Permian basin and continue contributions of fracking

Ecopetrol highlighted that US$880 million will be invested to drill 91 wells in the sub-basins of Midland and Delaware

Ecopetrol resaltó que se invertirá US$880 millones para perforación de 91 pozos en las subcuencas de Midland y Delaware

Ecopetrol (ECOPETL) and Oxy agreed to extend the development plan of the Midland, in the Permian Basin, Texas, United States, under the contract signed since July 2019. This agreement provides for a drilling plan for 34 development wells to be implemented between April 2025 and June 2026, in addition to those being implemented in the first months of this year. The Colombian oil company reported that the agreement retains the possibility of signi…

Ecopetrol (ECOPETL) y Oxy acordaron la extensión del plan de desarrollo del Midland, en la cuenca del Permian, en Texas, Estados Unidos, dentro del contrato suscrito desde julio de 2019. Con este acuerdo se prevé un plan de perforación de 34 pozos de desarrollo que se ejecutarán entre abril de 2025 y junio de 2026, adicionales a los que están ejecutándose en los primeros meses del presente año. La petrolera colombiana informó que en el acuerdo s…

Ecopetrol y OXY acuerdan extender el contrato en la cuenca Permian en Estados Unidos

Bloomberg Linea

Ecopetrol and OXY agree to extend the contract in the Permian Basin in the United States

The state oil company announced that it reached an agreement with the U.S. company Oxy to extend its development plan in the Permian basin, a contract that exists since 2019 between both parties. The contract will be in force until 2027 and contemplates drilling 91 wells, with an investment of $880 million. Why does it matter? This agreement comes after, in August last year, President Petro intervened directly in the decisions of the current Boa…

La estatal petrolera anunció que llegó a un acuerdo con la compañía estadounidense Oxy para extender su plan de desarrollo en la cuenca de Permian, un contrato que existe desde 2019 entre ambas partes.El contrato estará vigente hasta 2027 y contempla la perforación de 91 pozos, con una inversión de $880 millones de dólares. ¿Por qué importa? Este acuerdo se produce después de que, en agosto del año pasado, el presidente Petro interviniera direct…

Ecopetrol y Oxy acuerdan seguir negocio de petróleo en el Permian

La Silla Vacía

Ecopetrol and Oxy agree to continue oil business in the Permian

Ecopetrol and OXY agreed to extend the hydrocarbon production contract in the Permian. Photo: Valora Analitik Ecopetrol and the US oil company OXY reported on Monday (February 3, 2025) that they have reached an agreement for the extension of the development plan of the Midland, in the Permian basin, in Texas, United States, within the contract signed since July 2019. This agreement, to which the companies arrived, provides for a drilling plan of…

Ecopetrol y OXY acordaron extender el contrato de producción de hidrocarburos en el Permian. Foto: Valora Analitik Ecopetrol y la petrolera estadounidense OXY informaron este lunes (3 de febrero de 2025) que han llegado a un acuerdo para la extensión del plan de desarrollo del Midland, en la cuenca del Permian, en Texas (Estados Unidos) dentro del contrato suscrito desde julio de 2019. Este acuerdo, al que llegaron las compañías, prevé un plan d…

Ecopetrol y OXY extienden contrato de producción en el Permian

Valora Analitik

Ecopetrol and OXY extend production contract in Permian

Joint Venture Bolsters Oil Production in Permian Basin Reporting by Oliver Griffin BOGOTA EnergiesNet.com 02 04 2025 Colombian energy company Ecopetrol (ECO.CN) said on Monday it has reached an agreement to renew its oil joint venture with Occidental Petroleum (OXY.N) in the U.S. Permian basin in Texas. There had been uncertainty over the future of the joint venture after … Ecopetrol Renews Permian Basin Venture with Occidental Read More » The p…

energiesnet.com

Ecopetrol Renews Permian Basin Venture with Occidental - EnergiesNet

The Colombian president, Gustavo Petro, this Tuesday asked the state oil company Ecopetrol to sell its ‘fracking’ operations in the U.S., a day after this company announced an agreement with Occidental Petroleum (OXY) to expand its operation with this technique in the Permian basin. EFE “We are against ‘fracking’ because it is the death of nature and the death of humanity. I want that operation to be sold to invest in clean energies. It is discu…

El presidente colombiano, Gustavo Petro, pidió este martes a la petrolera estatal Ecopetrol vender sus operaciones de ‘fracking’ en EE.UU., un día después de que esta empresa anunciara un acuerdo con Occidental Petroleum (OXY) para ampliar su operación con esta técnica en la cuenca del Permian. EFE «Estamos contra el ‘fracking’ porque es la muerte de la naturaleza y la muerte de la humanidad. Quiero que se venda esa operación para invertirla en …

Gustavo Petro pide a Ecopetrol vender sus operaciones de 'fracking' en Estados Unidos - AlbertoNews - Periodismo sin censura

bitlyanews.com

Gustavo Petro asks Ecopetrol to sell his 'fracking' operations in the United States - AlbertoNews - Uncensored Journalism

EMEA Tribune, Breaking News, World News, Latest News, Top Headlines

Colombia's Ecopetrol renews joint venture with Occidental Petroleum in

In a significant twist in Colombia’s energy narrative, state-owned petroleum firm Ecopetrol has announced that it has formally rechartered its oil joint venture with Occidental Petroleum (OXY) in the Permian Basin of Texas. The pact renewal represents a critical chance for Ecopetrol, which has faced scrutiny over its vision of the future in light of Colombia’s reliance on dwindling fossil fuel substitutes. The joint venture was fraught with unce…

Invezz

Colombia’s Ecopetrol strengthens Texas oil ties with Occidental Petroleum

The oil companies Ecopetrol and Oxy have reached an agreement to extend the development plan of Rodeo Midland Basin, located in the Permica Basin (Texas, USA), under the joint venture established in July 2019. Ecopetrol’s Plan 2025 for the Midland and Delaware sub-basins will include the drilling of approximately 91 development wells, with an estimated investment of 885 million dollars (861 million euros) and an average annual production of appr…

Las petroleras Ecopetrol y Oxy han llegado a un acuerdo para extender el plan de desarrollo de Rodeo Midland Basin, ubicado en la Cuenca Pérmica (Texas, EEUU), bajo la empresa conjunta establecida en julio de 2019. El Plan 2025 de Ecopetrol para las subcuencas Midland y Delaware incluirá la perforación de aproximadamente 91 pozos de desarrollo, con una inversión estimada de de 885 millones de dólares (861 millones de euros) y una producción anua…

Ecopetrol y Oxy extienden su alianza de producción de petróleo en EEUU hasta junio de 2026

elperiodicodelaenergia.com

Ecopetrol and Oxy extend their oil production alliance in the US until June 2026

Ecopetrol will maintain its participation in fracking in the U.S. after agreement with Oxy Agency Period... Lun, 03/02/2025 - 09:56 The companies will extend their development plan in the Permian basin, with investments and drilling of new wells until 2026.

Ecopetrol mantendrá su participación en el fracking en EE. UU. tras acuerdo con Oxy
Agencia Period… Lun, 03/02/2025 - 09:56 Las compañías extenderán su plan de desarrollo en la cuenca del Permian, con inversiones y perforación de nuevos pozos hasta 2026.
Etiquetas 
Empresas

Colombia's Ecopetrol renews joint venture with Occidental Petroleum in

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics