Country report
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14 Pages

Colombia oil supply summary

Colombia oil supply summary

Report summary

After years of growth due to a surge in E&P activity in the last decade, liquids production in Colombia stabilised at around one million b/d in 2015. It remains one of the most stable fiscal and political countries in Latin America. However, insecurity has been one of the major risks to supply. Significant steps were made to improve this when a unilateral ceasefire was agreed between FARC and the Colombian government in 2015 and attacks on oil infrastructure have since reduced. Future production upside is focused on three areas: enhanced oil recovery (EOR), unconventional and offshore developments.

What's included?

This report includes 1 file(s)

  • Colombia oil supply summary PDF - 995.24 KB 14 Pages, 3 Tables, 7 Figures


Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream supply issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream supply report is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
    • Oil/NGL production outlook and world ranking
  • Policy and regulation
    • Political developments
      • State Oil Company and upstream regulator
      • Fiscal terms
  • Supply
    • Risks and uncertainties
    • Commercial Developments
      • Overall oil/NGL production outlook to 2030
      • Key commercial fields
    • Tight oil potential
      • Main oil/NGL infrastructure
    • Probable developments
    • Reserves growth
    • Other discoveries
    • Yet-to-find
      • Exploration drilling activity and oil/NGL discovery rates
  • Infrastructure
    • Crude oil pipelines
    • Oil refineries
  • Quality
    • Marketed blends
      • Key crude streams and characteristics in 2015
      • Marketed crude streams
    • Crude quality outlook

In this report there are 10 tables or charts, including:

  • Executive summary
    • Executive summary: Image 1
  • Policy and regulation
  • Supply
    • Risks to production
    • Supply: Image 2
    • Supply: Table 1
    • Supply: Image 3
    • Key other discoveries
    • Supply: Image 4
  • Infrastructure
  • Quality
    • Quality: Image 1
    • Quality: Table 1
    • Crude quality distribution
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