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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, as announced by Ecopetrol S.A.
Proven reserves of the Ecopetrol Group reached 1,893 MBOE, which is a 10 MBOE increase compared to 2023, according to the latest announcement.
In 2024, Ecopetrol Group incorporated 260 MBOE of proven reserves, the highest in the last three years, as reported by the company.
Ecopetrol is the largest company in Colombia, responsible for over 60% of the country's hydrocarbon production, as mentioned in the release.

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The Laconia Daily Sun

+37 Reposted by 37 other sources

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…

2 days ago

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Valora Analitik

Citi: No business with Repsol, Ecopetrol reserves would not have improved by 2024

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…

1 day ago

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cablenoticias.tv

Ecopetrol's proven reserves at the closing of 2024 rose to 1,893 million barrels

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…

1 day ago

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worldenergytrade.com

Ecopetrol on the rise: proven reserves reach 1,893 million barrels

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…

1 day ago

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offshore-technology.com

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.

1 day ago

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elperiodicodelaenergia.com

Ecopetrol's proven reserves rose to 1,893 million barrels in 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…

2 days ago

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