Interview
Colombia - August 12, 2024
Álvaro Cárdenas of Datalog Colombia talks about supplying high-precision data to support drilling decisions.
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BACK TOCOMPANIES
SierraCol Energy
SierraCol Energy In Figures
2024 average production:About 44,700 boepd
Wells drilled in La Cira Infantas:More than 1,300
SierraCol Energy is the largest independent oil producer in Colombia and accounts for approximately 10% of Colombia’s aggregate output. The company has four production hubs:
- La Cira Infantas
- Caño Limón
- Central Llanos
- Putumayo
SierraCol Energy’s 2P reserves in these areas are estimated at approximately 118 million boe. The company’s reserve recovery average was 142% over the 2018–2022 period, and its assets offer opportunities to sustain production for an extended period. Sierra Col Energy’s average production in 2024 was approximately 44,700 boepd.
In Caño Limón, SierraCol Energy operates the Cravo Norte, Rondón, Chipirón and Cosecha blocks in partnership with Ecopetrol, and has additional interests in the Llanos 39 and Llanos 52 blocks. The area has been in production since the 1980s and has yielded about 1.5 billion barrels to date. SierraCol Energy currently has more than 430 wells in production, whose output is evacuated via the Caño Limón–Coveñas pipeline, operated by Ecopetrol.
In Central Llanos, SierraCol Energy holds six producing blocks through Cedco, a 100% subsidiary. All oil produced is blended on location and transported through the Guarimena–Santiago pipeline to an Ecopetrol-operated station for further processing and distribution.
La Cira Infantas, in the Middle Magdalena Basin, is a cluster of fields that has been in production since the early 1900s. SierraCol Energy has been conducting an extensive drilling campaign in the area with more than 1,300 wells carried out to date and the application of EOR techniques to boost production. The majority of output is sold to the Barrancabermeja refinery.
In Putumayo, SierraCol Energy has interests in six exploration blocks, all in proximity to existing production facilities and evacuation routes. The company has acquired more than 210 square kilometres of 3D seismic and confirmed drilling prospects for permitting and environmental approval.
Company website: www.sierracolenergy.com
SierraCol Energy News And Features
Interview
Colombia - February 04, 2025
Carlos Florez of Tecca talks about how the water treatment sector in Colombia’s energy industry has evolved in recent years.
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Interview
Colombia - February 04, 2025
Luis David Martínez Ruiz of American Tubular Services talks about the company’s reputation in the international inspection…
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Interview
Colombia - February 05, 2025
Jairo Hernández Morera of Guacamaya Energy talks about the company’s continued bet on Colombia’s oil sector.
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NEWS
Colombia - November 29, 2024
Latin America-focused E&P player Geopark will acquire Repsol's oil and gas assets in Colombia for USD 530 million.
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