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14

Colombia Discloses Preliminary Results of 2012 Licensing Round

Colombia’s Agencia Nacional De Hidrocarburos (ANH) has announced the preliminary results of the country’s 2012 licensing round.

Colombia Discloses Preliminary Results of 2012 Licensing Round Colombia Discloses Preliminary Results of 2012 Licensing Round

Colombia’s Agencia Nacional De Hidrocarburos (ANH) has announced the preliminary results of the country’s 2012 licensing round.

 

The ANH received 105 offers for 49 blocks, each of which received at least one offer, according to a World Oil report.

 

Ecopetrol won the most blocks, 11 in total, five of which are 100% owned by the state-owned oil company. Anadarko, ExxonMobil, and the China National Offshore Oil Corporation each won three blocks. India’s Oil and Natural Gas Corporation won two, one 100% owned and another in a 50% partnership with Sinopec. Shell and Repsol each won one block.

 

The blocks include several onshore with shale potential. Most of the offshore blocks are on the Caribbean side; two were Tumaco offshore blocks on the Pacific side. A total of USD 2.6 billion was invested by the operators in the round. The final list of winners will be announced on 19 November, with lease agreements to be signed by the end of this year. 

Source : Neftegaz.RU