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Colombian Oil Production 5.24% Higher in December y-o-y

OIL

Colombia's crude oil production rose 5.24% in December versus the same month a year

Earlier.

  • Oil output was up to an average of 784,343 bpd in December 2022, compared with production of 745,325 bpd in the same month in 2021.
  • Colombia's oil production in December was the highest since April 2020.
  • Average oil production for the year rose 2.42% to 754,199 bpd - up from an average of 736,357 bpd in 2021.
  • Gas production for the year averaged 1.07 bcfd, down 1.29% versus 2021. December’s output was 1.06 bcfd.

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