The new ANH President has a master of science and doctorate in engineering from MIT, and an MBA from IMD (Lausanne). He is an honorary lecturer of the Center for Energy, Oil and Mining Studies at the University of Dundee (Scotland) where he held the title of deputy director.

Zamora returns to the agency after having been its first director general between 2003 and 2011. He has been senior advisor to Accenture and Schlumberger Business Consulting, senior consultant to the Boston Consulting Group, and consultant to the IDB (Interamerican Development Bank), the World Bank, International Monetary Fund and International Finance Corporation. Previously, he worked at Mobil de Colombia, the Institute of Nuclear Affairs, Carbocol and the Corporación Invertir en Colombia (now ProColombia).

In particular, an evaluation was made of the various policies and regulatory options in several producing countries in the world that promote the increase in the recovery factor in mature fields.

The white paper was prepared by professionals from: Petroperú, Chevron, YPF, Equión, BHGE, SPH, Staatsolie, and Schlumberger, within the framework of ARPEL Exploration and Production Committee (AEPC).

As explained in the document, despite the incorporation of renewable energy in the energy matrix at a cost competitive with traditional sources, the share of oil and gas is estimated to account for 50 % of the world energy matrix by 2040. On the other hand, the existing oil and gas fields are being depleted by 6 % per year.

“Thus, the industry and states, owners of the hydrocarbon resources, have the challenge and the opportunity to work together to make the necessary investments and meet this growing energy demand in a manner consistent with sustainable development,” the document states.

As stated by Mr. Miguel Moyano, Upstream Director of ARPEL: “At the individual level, companies focus their efforts on the use of the best technology possible to maintain or increase production in an economically viable way. On the other hand, governments are developing strategies under the premise that all stakeholders should maximize the expected net value of economically recoverable petroleum from depleting reservoirs in each country. The white paper presents a range of technological, regulatory, operational and even commercial options to improve recovery factors of mature oil reservoirs. The information and recommendations in the document represent a tool for industry and states to discuss the challenge and the opportunity to work collaboratively to meet the growing demand for oil.”

At the global level, it is estimated that for every 1 % increase in oil recovery from currently operating mature fields two years to the global supply of oil and gas could be added and help meet future demands for energy. The average recovery factor in oil reservoirs is approximately 30 %; this percentage can be increased up to 40-60 %. Depending on the permeability and the flow regime of the reservoir, a field can reach the stage of maturation in just 3 to 6 months or up to several years.

In 2017, mature fields accounted for approximately 70 % of world oil production; therefore, there is an enormous potential to increase the recovery of currently producing fields.

“The improvement of the recovery factor of mature fields is of vital importance for global energy security,” the document states.

The report developed by ARPEL (Regional Association of Oil, Gas and Biofuels Sector Companies in Latin America and the Caribbean) contains six chapters: Introduction, Rejuvenation of Mature Fields, Technological Options, Regulatory Alternatives, Operational Aspects, Commercial and Strategic Partnerships, and a section on Conclusions.

Within the section on conclusions, it is highlighted that EOR projects are expected to grow by 2020. By then, several oilfields will have become mature enough to require efforts to maintain production or slow declines by supporting new EOR developments. The IEA expects that, between 2025 and 2040, EOR production will grow over 60 % and account for around 4 % of global production in 2040.

“For enhanced oil recovery to be actually implemented –and provide to the states the maximization of the expected net value of economically recoverable oil and gas from reservoirs– several innovative measures would need to move fast soon,” the authors maintain.

To access the full material, which is available in Spanish and English, visit https://arpel.org/library/publication/512/

The executive is an electronic engineer and has more than 30 years of experience in the oil industry.

He previously served as Executive Director and COO at Petra Brasil and held several positions at Schlumberger, including: VP Quality Business Systems, Vice President of IPM Latin America Unit, Vice President of HSE Paris, Wireline Personnel Manager for North and South America and Manager of Wireline Brasil.

Replacing Cotello in the regional vice-presidency is the engineer José Darío Parra Vega, manager of the production field Castilla, in Meta.

Likewise, the Company expressed its gratitude to outgoing President Joao Guilherme Clark Filho, who was in charge of Ecopetrol Brasil since 2011.

“With a wide variety of businesses, museums and cultural events, Bogotá is an ideal location for DoubleTree by Hilton to expand its global presence,” said John Greenleaf, global head, DoubleTree by Hilton. “We are incredibly excited to bring the first DoubleTree by Hilton to Colombia with the first-class team at DoubleTree by Hilton Bogotá – Parque 93, beautifully appointed guestrooms, and our care-focused service that starts with a warm chocolate chip cookie welcome at check-in.”

The new DoubleTree Parque 93 features modern design with marble finishes throughout the property. The hotel’s guest rooms offer high ceilings, soundproof windows, upscale accommodations and amenities, as well as views of Bogotás Sierra Oriental, mountains bordering the east side of the city. Additionally, the hotel offers complimentary Wi-Fi throughout the hotel’s public areas and guest rooms, a 24-hour business center, fitness center featuring Precor equipment open from 6 a.m. to 10 p.m., a heated indoor pool, steam room and treatment room where guests can book individual massages.

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The hotel has 252 square meters of meeting space, including seven meeting rooms and a ballroom, and offers options for a variety of meetings or social events. For smaller groups, the hotel offers the Meetings Simplified by DoubleTree by Hilton package, which includes the meeting room, basic meeting Wi-Fi, meeting room supplies including a flipchart, markers, extension and power cord, and all day non-alcoholic beverage service. Catering services and a dedicated event staff are available for events.

“DoubleTree by Hilton Bogotá – Parque 93 will provide guests with a modern, upscale full service hotel that reflects the vibrancy of our bustling city,” said general manager José Luis Perini Rodríguez. “We are proud to be the first DoubleTree by Hilton in Colombia and look forward to welcoming guests with the brand’s globally-renowned service culture that prides itself on delivering the ‘little things’ that add up to a world-class travel experience.”

The hotel offers a variety of dining options. The intimate Agata Restaurant, is open daily for all-day dining, featuring innovative international cuisine with daily specials, prix fixe lunch menus and live music. Big Bang Bar offers happy hours and live music on Wednesday, Thursday and Friday evenings. Located on the ninth floor, the Sky VIP Lounge offers mountain views for guests with lounge access, and morning breakfast as well as afternoon happy hours. DoubleTree by Hilton’s Wake Up DoubleTree Breakfast is also available for guests, who may also order room service 24-hours a day.

Within walking distance of the hotel, guests may encounter a number of shopping, dining and entertainment areas including the Parque 93 and Usaquen neighborhoods, Calle 100 business district, the Andino shopping mall, Zona T nightlife district and the Zona G dining district. Those traveling for business will enjoy close proximity to a number of corporate offices and buildings such as Oracle and the World Trade Center Bogotá, LG, JW Thomson, Ernst and Young, Schlumberger, and Mcann Ericson, while pedestrians and runners will be able to take advantage of El Virrey Park. The hotel is located 16 kilometers from El Dorado International Airport: between 20 minutes and 2 hours, depending upon Bogotá traffic.