Colombia predicts a bright upstream future, as oil production rises

摘要

COLOMBIA launched its 2010 upstream licensing round last month, offering exploration rights to 168 blocks. Covering more than 50m hectares of territory, Open Round Colombia 2010 includes full-blown exploration permits for 31 200,000-hectare blocks, about which the upstream regulator, Agenda Nacional de Hidrocarburos (ANH), has "basic information" (see Figure 1).