Insight

Good intentions, unintended consequences? Exploration policy and opportunities in upstream

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The Colombian Ministry of Mines and Energy sparked controversy by asserting that Colombia's gas demand could be met through domestic production. This declaration had a profound impact on the government's stance against new exploration contracts. Recent offshore gas discoveries have rekindled Colombia's aspirations for self-sufficiency in gas supply, offering hope amid energy security uncertainties. Leveraging our supply chain cost intelligence and valuation methodology, we conducted a comprehensive sensitivity analysis, running 60 scenarios that vary recoverable resources and well productivity to assess various project economic outlooks.

Table of contents

  • Executive summary

Tables and charts

This report includes the following images and tables:

  • Breakeven sensitivities for offshore gas development

What's included

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  • Document

    Good Intentions, Unintended Consequences Final.pdf

    PDF 1.23 MB