TABLE-Colombia's oil output in December rises 5.24% year-on-year

Kitco Media
By Reuters
Published:
Updated:
Reuters
BOGOTA, Feb 6 (Reuters) - Colombia's crude oil production in December rose 5.24% versus the same month a year earlier, the government said on Monday.


Oil output was up to an average of 784,343 barrels per day (bpd) in December 2022, compared with production of 745,325 bpd in the same month in 2021, the Ministry of Mines and Energy said in a statement. Colombia's oil production in December was the highest since April 2020, when the country produced an average of 796,164 bpd, the government said. Average oil production for the year rose 2.42% to 754,199 bpd, the ministry said, up from an average of 736,357 bpd in 2021.


Natural gas output in December was 1.06 billion cubic feet per day, the ministry said, without providing a comparative figure. Gas production for the year averaged 1.07 billion cubic feet per day (bcfd), down 1.29% versus 2021, when gas production hit almost 1.09 bcfd, the government said.


State-run Ecopetrol produces the majority of the country's oil.


The following is a breakdown of Colombia's average daily oil output by month. CRUDE OIL PRODUCTION ('000 of bpd): 2022 2021 JAN 740 745 FEB 739 745 MAR 751 745 APR 751 745 MAY 746 703 JUNE 752 694 JULY 748 731 AUG 749 748 SEPT 753 744 OCT 757 740 NOV 771 746 DEC 784 745 (Note: Some figures may have been modified by the ministry since they were initially released) (Reporting by Bogota newsroom Editing by Marguerita Choy)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.