SHE'S SO HEAVY: COLOMBIA'S CRUDE FUTURE

摘要

Colombia's production and reserves are growing, and they are growing on the back of heavy crude. The Latin American nation's oil and condensate production jumped from 670,000 barrels a day in 2009 to 785,000 barrels a day in December 2010. The impressive rise continued a turnaround that began in 2007, as the government's aggressive program to entice E&P companies and their capital back into the country's juicy petroleum basins began to pay off.