By the end of 2020, the Ecopetrol Group's net proven reserves totalled 1,770 million barrels of oil equivalent (MBOE), which represents a 6.5% decrease versus 2019 (1,893 MBOE). The reserves replacement ratio was 48%, with an average reserve life of 7.5 years.
In 1941, the artist Pedro Nel Gómez, followed by the architect Juan Wolff in 1942, floated initiatives to make the Medellin river the center for life and development in Colombia’s second largest city. Nothing much happened until urban planners Carlos Julio Calle and Luis Fernando...
The terrorist actions in recent months against the infrastructure of Ecopetrol, has been compounded by another recent menace: theft of copper cables that supply electrical power to oil wells. So far in 2015, Ecopetrol has reported 393 thefts of copper wire in three production...