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helloween
14.12.2018 kl 08:30 2411

South of the U.S., It’s Colombia Likely to Adopt Fracking

Though hydraulic fracturing (fracking) has transformed the energy sector in the United States, only Argentina in Latin America has followed its lead in commercially developing hydrocarbons through unconventional drilling.
Colombia might be the next nation in the Western Hemisphere to use fracking with horizontal drilling to tap unconventional resources. Earlier this month, the director of Colombia’s oil regulator Agencia Nacional de Hidrocarburos, Luis Miguel Morelli, approved three fracking pilot projects in the onshore Middle Magdalena and Cesar Ranchería basins. Energy companies Drummond Ltd., ConocoPhillips, ExxonMobil Corp. and Colombian national oil firm Ecopetrol have all applied for licenses for unconventional drilling.

"The commission will deliver its report to the government by May, according to Sergio Guzmán, the director of local risk consultancy Colombia Risk Analysis. “Their report is most likely to green light fracking"
https://www.naturalgasintel.com/articles/116784-south-of-the-us-its-colombia-not-mexico-likely-to-adopt-fracking

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