Frontera aims to revive its production this year
Frontera aims to rebuild production
The Colombia-focused operator forecasts a partial rebound in production this year and is hopeful about exploration offshore Guyana
Calgary-based independent Frontera Energy plans to combine further exploration in Guyana’s prolific offshore this year—after announcing its first oil discovery in the region in January—with drilling activity in Ecuador and growth from its core Colombian acreage. Frontera projects a partial rebound in oil and gas production across its portfolio in 2022. The operator is forecasting an increase of around 10pc over the average of 37,818bl/d oe posted in 2021. But Frontera’s annual output dropped by more than a fifth last year, from 47,800bl/d oe in 2020, amid market volatility and as protests forced a brief shut-in of Colombian production. And the firm projects its annual capex will be anywhere
Also in this section
6 November 2025
The Russian firm made a significant attempt to expand overseas over the past two decades but is now divesting its global operations
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
5 November 2025
Construction of the pipeline in Afghanistan is making tangible progress, but extending it into Pakistan and India remains unrealistic for political reasons
4 November 2025
Crucial structural reforms and change in operating philosophy are needed to arrest PEMEX’s ongoing decline and restore oil production growth
