Colombia's oil production reached 740.812 barrels per day in first quarter

Colombia's National Hydrocarbons Agency (ANH) reported average oil production of 740.812 barrels per day (Bppd) in the first quarter of 2026. In March, it rose to 740.497 Bppd, up 5.573 Bppd from February. The gain stemmed mainly from recovery in the Meta field after resolving social blockades.

The ANH reported that crude oil production remained stable in the first quarter, averaging 740.812 Bppd, which is 3.15% above proven reserves of 718.168 Bppd and 91.74% of the profile for proven plus probable reserves of 807.519 Bppd.

March's increase tied to recovery in the Meta field's water injection after community agreements (+6.450 Bppd), new wells in Mateguafa (Casanare) (+1.926 Bppd), and two wells in Castilla Norte. Yet, water cuts in Arauca and Casanare, electrical issues in Meta, and natural decline in mature fields capped further gains.

"We are managing the assets with the utmost technical rigor to cushion the natural decline in reservoir pressure and ensure every cubic foot of gas produced reaches homes," the ANH stated.

February's output was 734.924 Bppd. For natural gas, the yearly average reached 693 Mpcd, or 92.25% of proven reserves at 751.21 Mpcd, with a 5 Mpcd rise in March amid recovery from technical issues.

Awọn iroyin ti o ni ibatan

Illustration depicting Colombia's factory production rise amid falling sales and employment, with economic graphs overlay.
Àwòrán tí AI ṣe

Manufacturing production rises 1.4% in February despite sales drop

Ti AI ṣe iroyin Àwòrán tí AI ṣe

Colombia's manufacturing production rose 1.4% in February 2026 compared to the previous year, but real sales fell 2.5%, according to Dane data. Andi president Bruce Mac Master said the figures show stagnation and that the sector has yet to take off. Employed personnel dropped 0.4%.

Colombia's oil production dropped 3% in January 2026 year-on-year to 746,400 barrels per day from 769,800 the previous year, according to Campetrol. Compared to December, it fell 0.1%, or 7,000 barrels, with the sharpest declines in Casanare.

Ti AI ṣe iroyin

In January 2026, imported gas accounted for 21% of total consumption in Colombia, according to Upme data. This figure highlights the rising trend in imports due to declining local reserves, as warned by Naturgas, which forecasts 26% by year's end.

From April 1, 2026, gasoline prices in Colombia rose by $375 per gallon, lifting the national average to $15,449. In Cali, prices are around $15,900, with diesel up $81 per gallon. The increase reverses prior cuts timed with legislative elections, prompting political debate.

Ti AI ṣe iroyin

Mineros S.A. reported 60,782 equivalent gold ounces produced in Q1 2026, a 10% year-over-year increase. The growth was driven by improvements at its Hemco operation in Nicaragua. The company expects to hit the high end of its annual guidance.

Ecopetrol reported $23.8 billion in contracts for goods and services in 2025, a 4.8% increase from 2024. Of that amount, 96% went to national providers, bolstering the local industry. The approach aims to support projects and operations across various regions of the country.

Ti AI ṣe iroyin

The National Administrative Department of Statistics (Dane) reported that Colombia's economy grew 2.6% in 2025, below expectations of 2.8%. In the fourth quarter, GDP expanded 2.3%, driven by household consumption, the public sector, and cultural activities like concerts. Investment fell 2.9%, the lowest level in two decades.

 

 

 

Ojú-ìwé yìí nlo kuki

A nlo kuki fun itupalẹ lati mu ilọsiwaju wa. Ka ìlànà àṣírí wa fun alaye siwaju sii.
Kọ