Ecopetrol Group replaced 104% of its production, doubling the 2023 incorporation of proven reserves.

Ecopetrol Group replaced 104% of its production, doubling the 2023 incorporation of proven reserves.

The incorporation of proven reserves for the Ecopetrol Group was 260 MBOE1, 2.2 times compared to 2023Proven reserves amounted to 1,893 MBOE. The 2024 total production was replaced with an additional 4%.89% of the reserves were originated from fields in…

Without business with Repsol, Ecopetrol’s oil and gas reserves would not have raised their heads. Photo: Valora Analitik Recently, Ecopetrol announced the balance of its proven reserves (with a cut on December 31, 2024), with which he said it had the highest of the last nine years; however, industry experts say that without the acquisition of Repsol’s CPO-09, resources would not have ‘lifted their heads’. Citi Research recalled that Ecopetrol ac…

In total, Ecopetrol incorporated 260 MBPE of proven reserves last year. The proven reserves of the state oil company Ecopetrol at the closing of 2024 were 1,893 million barrels of oil equivalent (MBPE), the highest of the last three years, the company reported. “At the beginning of 2024 we had reserves of equivalent barrels of oil of 1,883 million and at the closing of 2024 we had reserves of equivalent barrels of oil of 1,893 million,” said the…

The proven reserves of the Colombian state oil company Ecopetrol at the close of 2024 stood at 1,893 million barrels of oil equivalent (MBPE), the highest of the last three years, the company reported this Thursday. “At the beginning of 2024 we had reserves of equivalent barrels of oil of 1,883 million and at the close of 2024 we had reserves of equivalent barrels of oil of 1,893 million,” said the president of Ecopetrol, Ricardo Roa, at a press…

Ecopetrol reports significant increase in its proven oil and gas reserves

Ecopetrol has announced a substantial increase in its proven oil, condensates, and natural gas reserves as of 31 December 2024.

The proven reserves of the Colombian state oil company Ecopetrol at the close of 2024 stood at 1,893 million barrels of oil equivalent (MBPE), the highest of the last three years, the company reported this Thursday. "At the beginning of 2024 we had reserves of equivalent barrels of oil of 1,883 million and at the close of 2024 we had reserves of equivalent barrels of oil of 1,893 million," said the president of Ecopetrol, Ricardo Roa, at a press…