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Colombia March output down 10.45 pct year-on-year

Published 2016-04-21, 11:03 a/m
© Reuters.  Colombia March output down 10.45 pct year-on-year
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BOGOTA, April 21 (Reuters) - Colombia produced an average of
916,000 barrels of crude oil per day (bpd) in March, the Mines
and Energy Ministry said on Thursday.
The output was down 10.45 percent from the year before,
according to Reuters calculations. It did not give a reason for
the decline.
Natural gas production fell 7.28 percent year on year to
1.057 billion cubic feet per day.
State-run Ecopetrol ECO.CN produces more than one-half of
Colombia's oil, while Toronto-listed Pacific Exploration and
Production Corp PRE.TO is the biggest private player.
The following is a breakdown of Colombia's average daily oil
output. Some figures may have been modified slightly by the
government since they were first released:

CRUDE OIL PRODUCTION ('000 of bpd):
2016 2015
MARCH 916 1,600
FEB 955 1,030
JAN 982 1,035

2015 2014
DEC 993 1,007
NOV 987 1,004
OCT 996 1,004
SEPT 1,007 996
AUG 966 1,002
JUL 945 971
JUNE 1,007 1,011
MAY 1,025 952
APRIL 1,025 935
MARCH 1,021 979
Source: Colombia's Energy Ministry

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