Production Rates | Midstream - Gas Gathering | Midstream - Processing Plant
Canacol Completes Jobo Station Expansion
Print
|
Canacol Energy Ltd. has provided the following update concerning its gas sales and the expansion of its Jobo gas processing facility.
The expansion of gas processing facilities at the Canacol operated Jobo station have been completed, with gas total processing capacity exceeding 180 MMscfpd.
Realized contractual gas sales currently total 90 million standard cubic feet per day (MMscfpd). Canacol's gas sales are priced in US dollars sold at the Jobo plantgate under long term multi year escalated take or pay contracts at a 2016 average sales price of US$31.92 / barrel of oil equivalent (boe), or US$5.60 / thousand standard cubic feet (mscf), to major Colombian gas consumers including thermoelectric producers and mining companies.
Realized contractual gas sales for the months of January 2016…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
South America News
Frontera Energy's Colombian Assets: A Contested Acquisition Emerges in Latin America's E&P Sector
Background Frontera Energy Corporation (TSX: FEC), a publicly listed Canadian holding company with upstream oil and gas operations in Colombia, has become the center of a contested acquisition…
Venezuela: Rebuild Potential vs. Stop/Start Reality — What It Means for International OFS
Venezuela: Rebuild Potential vs. Stop/Start Reality — What It Means for International OFS According to Reuters, Venezuela’s oil sector remains a high-potential but fragile opportunity: it holds massive…
Gran Tierra Energy To Step Down Activity in 2026
Gran Tierra Energy’s 2026 development plan reflects a step-down in spending and activity as the company transitions from fulfilling Ecuador exploration commitments in 2025 toward a free-cash-flow-focused program.…
Parex Advances Llanos Foothills Exploration Alliance with Ecopetrol
Parex and strategic partner Ecopetrol provided an update on their Llanos Foothills exploration program, noting that a full strategic alliance has effectively been achieved and that key Foothills…
Continental Resources to Acquire 90% Stake in Vaca Muerta Shale Concession
Continental Resources Inc. has agreed to acquire a 90% operating stake in the Los Toldos II Oeste block, a shale concession within Argentina’s Vaca Muerta formation, marking a…