• Subscribe Now
  • Contact Us
  • Privacy Policy
  • About Us
facebook
linkedin
email
Unido Digital Media, LLC
  • BFSI
  • Energy
  • Infocom
  • Mining
  • Venture
  • Industry
  • Travel
  • Civic
  • Food, Health, Ag
  • Real Estate
  • ESG
  • Economy
  • Law & Justice
  • Interview
  • Analysis
  • Events

Ecopetrol Says 40,000 Barrels Per Day of Oil Production Is at Risk from Coca Growers Strike

Posted On August 31, 2016
By : Jared Wade
Comment: Off
Tag: coca, ecopetrol, oil, Orito, paro, protest, Puerto Asis, Puerto Caicedo, putumayo, San Miguel, strike

In the Colombia department of Putumayo, Ecopetrol says that a coca growers “strike that has intensified in recent days” is jeopardizing oil production of up to 40,000 barrels per day. The protest began on July 25 by disaffected and unemployed locals, many of whom have been put out of work by coca eradication efforts, and has included road blocks and damage to bridges that have made it difficult for the state-controlled oil giant’s vehicles to access the area.

The disruptions have mainly taken place in Orito, San Miguel, Puerto Caicedo, and Puerto Asis, says Ecopetrol, with road blocks and other roadway infrastructure issues occurring near the company’s fields and oil facilities.

Residents in La Independencia, in the larger town of Puerto Caicedo, destroyed the main bridge that permitted passage to the firm’s Mansoyá field, one of its key oil production areas in Putumayo. Ecopetrol says that protesters used chainsaws to make the bridge impassable and then set up a barrier of “women and children” to prevent officials from making any repairs.

“Ecopetrol deplores these acts that constitute a clear violation of human rights since they generate risks to people and the environment, and affect the production of a department where almost 4.5% of the nation’s oil production is extracted,” said Ecopetrol in a statement on the Putumayo situation.

It added that, “the company calls on communities to maintain relations of respect, tolerance and dialogue, and together build a healthy coexistence under a framework of compliance with rules and laws.”

Though the embroiled oil firm has added significant production over recent months, the 40,000 barrels per day from Putumayo still represent a significant percentage of its overall production. Taking full control of the Rubiales field in July and the addition of its share of the Gunflint offshore well in the Gulf of Mexico added more than 60,000 per day to its output this summer. Last week, Ecopetrol said that these gains had pushed it over the 500,000 barrel-per-day threshold.

When announcing its second-quarter results, Ecopetrol chief Juan Carlos Echeverry said the company plans to drill 80 wells in the rest of 2016. “We feel now at the company that we can emphasize promoting reserves and production,” said Echeverry, according to Reuters.

Photo: One of the roadblocks set up by locals protesting in Putumayo. (Credit: Ecopetrol)

DON'T MISS OUT: The only English-language Colombia news that's strictly business, markets, & investment!
Join global executives & investors by subscribing to our FREE weekly updates
Thank you for subscribing.
Something went wrong.
I agree to have my personal information transferred to MailChimp ( more information ) DISCLAIMER: Protección de Datos Personales Artículo 15 de la Constitución Política de Colombia, ley 1581 de 2012 y decreto 1377 de 2013.
We will never spam you or share your email address ¡Nunca Jamás!
About the Author
Jared Wade is an editor at Finance Colombia. He is a Bogotá-based journalist with 20+ years of experience covering topics including business, financial services, Latin America, and sports. You can contact him at jared.wade(at) financecolombia.com.
  • google-share
Previous Story

Ecopetrol Is Under Investigation for Its Role in Alleged Price Fixing of Building Materials

Next Story

Isagen to Issue $102 Million USD Worth of Bonds on September 13

Related Posts

Photo 1: Ricardo Roa during his inauguration as President of Ecopetrol, April 2023. Photo courtesy of Ecopetrol.
0

Ecopetrol Announces Temporary Leave for President Ricardo Roa Amid Investigations by Colombia’s Attorney General’s Office

Posted On April 10, 2026
, By Jadin Samit Vergara
Ecopetrol's Reficar Refinery in Cartagena (photo: Ecopetrol)
0

Ecopetrol Refinances $1.25 Billion USD in Debt and Finalizes State Subsidy Settlement

Posted On April 3, 2026
, By Loren Moss
Former Senator Jorge Robledo admonishes the Ecopetrol board of directors at the March 2026 shareholders' meeting.
off

Ecopetrol Shareholders Loudly Heckle CEO Ricardo Roa at Annual Meeting as Leadership Dispute & Corruption Scandal Roils The Petroleum Company

Posted On March 28, 2026
, By Loren Moss

Search Finance Colombia

Watch this!

https://youtu.be/lIc5NnmSb94?si=IUOMJr7z8ZosHxsS

Listen to our Podcast

Sign up for the Finance Colombia Newsletter

We promise to never share your email address!
don't forget to include "https://"
* = required field
Your Background / Function








Search

RSS Bilingual & Remote Jobs

  • Agenda Manager - Do you want to break into international business but nobody will give you a chance? - Remote
  • Sales Associate - Kingston, Jamaica
  • Asset Manager - Madrid, Spain
  • Coordinador/a de calidad para La Unión 1626483143.1 - La Unión, Antioquia, Colombia
  • Técnico/a de Calibración Junior - Barcelona, Spain
  • Digital Analyst - Barcelona, Spain
  • Analista Seguimiento Refacciones
  • Director/a de operaciones para hotel, restaurante y discoteca 1626320364.60 - Medellín, Medellin, Antioquia, Colombia
  • ADAS Test Driver - Mexico City, CDMX, Mexico
  • Desarrollador fullstack - Bogotá, Bogota, Colombia

Categories

Sign up for the Finance Colombia Newsletter

We promise to never share your email address!
don't forget to include "https://"
* = required field
Your Background / Function








RSS Empleobilingue.com

  • Director/a de operaciones para hotel, restaurante y discoteca 1626320364.60 - Medellín, Medellin, Antioquia, Colombia
  • Coordinador/a de calidad para La Unión 1626483143.1 - La Unión, Antioquia, Colombia
  • Desarrollador fullstack - Bogotá, Bogota, Colombia
  • Technical Analyst - Remote
  • PIM Administrator - Ecommerce - Remote (Bogotá, Bogota, Colombia)
  • Auxiliar de gestión humana y bienestar para Girardota 1626060072.28 - Girardota, Antioquia, Colombia
  • Marketing Strategist
  • Trainer Manager - Bogotá, Bogota, Colombia
  • Tolemaida UH- 60 Inspector - Bogotá, Bogota, Colombia
  • Virtual Assistant - Team Lead - Remote

Contact Us

  • Subscribe Now
  • Contact Us
  • Privacy Policy
  • About Us
Copyright 2014-2023 Finance Colombia All Rights Reserved. We may earn commissions from qualifying purchases.
WhatsApp us