LARC Event "A View to the Future of the Development of Unconventional Resources in Colombia: Challenges and Opportunities"
Tuesday, October 24, 2017 (7:30am - 10am America/Bogota)
Calle 76 N° 2-68
Fernando Avila, Senior legal Counsel Latin America, ConocoPhillips
Alberto García Blanco, Vice-president Division of Hydrocarbons and Mineral Exploration, Drummond
Edward Tovar Artunduaga, Manager of Unconventional Reservoirs, Ecopetrol
Leopoldo Olavarria, Head of Energy, Latin America, Partner, Norton Rose Fulbright
Join the Latin America Regional Chapter for "A View to the Future of the Development of Unconventional Resources in Colombia: Challenges and Opportunities." Colombia´s hydrocarbons industry has been traditionally focused on conventional resources. There had been little activity in unconventional reservoirs until 2012 when ANH conducted the first unconventional competitive bidding process in Colombia and five blocks with unconventional potential were awarded during Ronda Colombia 2012. A second unconventional competitive bidding process was carried out by ANH through Ronda Colombia 2014, awarding one block for exploration and exploitation of unconventional reservoirs.
Unconventional reservoirs in Colombia are mainly located in three out of the 23 Colombian hydrocarbons basins; the Middle Magdalena Valley, Llanos and Catatumbo basins. These are simultaneously the major producing basins of hydrocarbons in Colombia. Potential shale formations may also exist in the Caguan-Putamayo, Cesar-Rancheria and Eastern Cordillera basins. The main unconventional reservoir in Colombia is located in the Middle Magdalena Valley, La Luna formation, which has been positioned as “world class” in terms of both quantity and quality and compared to the Eagle Ford shale formation in the southern US. Colombian Government has made important regulatory developments related to unconventional resources since 2008. However, currently, the development of unconventional resources is facing important challenges. Our speakers will address the challenges and expectation of unconventional resources in Colombia.
Registration is COP$40,000 for members and COP$50,000 for non-members, payable in cash at the door.
Please RSVP to Marianna Boza at email@example.com or Diana Sanclemente at firstname.lastname@example.org.
Special thanks to event-sponsor: