Insight
Colombia exploration round tees up onshore gas fields
Report summary
The ANH announced its first round since the industry downturn. The round includes 13 exploration blocks in emerging areas and two in mature areas onshore in the Sinu-San Jacinto basin. The blocks on offer are the first in a series of blocks to be offered as part of an ongoing round for participating companies and are also the first contracts are under the new E&P regulations released by ANH in May of 2017.
Table of contents
- Bids are due in January 2018
- Fifteen blocks on offer
- Qualification criteria emphasise operator experience
- Fiscal terms under new E&P regulation favour work commitments
- Regimebenchmarking
- Technical description of the blocks on offer
- Environmental and community above-ground risks are moderate
- Expect incumbents to be the most active bidders
- Colombia is moving in the right direction but challenges still lie ahead
Tables and charts
This report includes 9 images and tables including:
- Timeline
- New blocks and current operators
- Points unit value
- Financial capacity required
- Geological risk multipliers
- Work commitments point value table
- Fiscal benchmarking
- Block prospectivity
- Terrorism risk index in Colombia
What's included
This report contains:
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