The Colombian Petroleum Association recently held the first Oil and Gas Summit in Bogotá. The summit brought together more than 5,000 national and international attendees to commemorate 100 years of the oil & gas industry in Colombia.
In 1918, crude oil was first discovered in the La Cira-Infantas field (Barrancabermeja). When production started, the well produced around 40 barrels a day. Fast forward 100 years and the La Cira-Infantas now produces 46,000 barrels a day. Overall, Colombia produces over 860 thousand barrels a day.
Colombia is the fourth largest producer in Latin America and among the top 20 producers globally.