Crude oil and gas production increased in April of 2018

Crude oil and gas production increased in April of 2018

Ministry of Mines and Energy. Bogota D.C. May 17th, 2018. The Ministry of Mines and Energy reports that crude oil production for April 2018 reached a daily average of 864,781 barrels, which represents a 0.7% increase compared to the production of April 2017 and one of 1% with respect to March 2018. This is mainly the result of reestablishing production at the fields of La Cira Infantas, Castilla, Chichimene, Rubiales, Cupiagua and Cupiagua Sur, which were out of service due to electrical failures, in addition to start of operations at the fields known as Coralillo and Totumillo.

For its part, year-to-year crude oil production reached an average of 851,241 barrels per day, which surpassed the Medium Term Fiscal Framework goal of 840,000 barrels per day.

Regarding gas, April 2018 production reached 938,771 million cubic feet per day, which represents a yearly 2.1% increase.

Thursday, May 17, 2018, Cundinamarca, Bogotá D.C., Source: MinMinas
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