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Ecuadorean election prompts oil and gas push
Both candidates head into the run-off with a near identical voting share and big plans to raise investment in the country’s hydrocarbon sector
Latin America feels the heat
Extreme weather conditions are compounding upstream challenges and pressuring governments across the region
Colombian O&G starts to feel investment squeeze
Decarbonisation strategy is already hurting upstream appetite and threatening near-term energy security
Indie Arrow targets rapid production growth
Fears that left-leaning President Petro’s government would signal the end for Colombia’s oil industry appear unfounded
Colombia’s upstream set for decline
Political decision-making casts doubt on the Latin American country’s ability to sustain energy self-sufficiency in the long term
Venezuela casts shadow over Guyana’s bright oil future
But 1m b/d production could be just a few years away if geopolitical risks subside
Testing times for Ecuador’s new president
Security concerns and environmental opposition to oil and gas drilling pile pressure on new leader’s truncated first term
Uncertainty weighs on the Andean energy sector
Collapsing governments and crackdown on public dissent showcase growing instability
Letter from South America: The rise and fall of Ecuador’s oil industry
Uncertain whether political change would change Opec member’s energy fortunes
Eco Atlantic sees promise on the frontiers
The independent tells Petroleum Economist it sees further opportunities in Guyana, South Africa and Namibia
Frontera aims to revive its production this year
Frontera Guyana Colombia Ecuador
Charles Waine
24 March 2022
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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

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