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Ecopetrol profits in 2019 reached $13.3 billion, the highest in the last 6 years
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Ecopetrol profits in 2019 reached $13.3 billion, the highest in the last 6 years
Jan 6, 2021
- Ecopetrol's profits in 2019 reached $13.3 billion, 14.6% higher than in 2018 and the highest in the last 6 years.
- In the exploratory campaign, the group and its partners completed the drilling of 20 wells, surpassing the target of 12 wells for the year.
- The annual production target was met by reaching 725 thousand barrels of oil equivalent per day thanks to the good results of drilling campaigns and increased gas marketing.
- A new all-time high of 374,000 barrels per day of loading crude oil was achieved at our Barrancabermeja and Cartagena refineries, and we produced cleaner fuels.
- Ecopetrol Group is committed to the energy transition. It will incorporate 300 MW of non-conventional renewable energy by 2022. The first steps have already been taken with the new Castilla Solar Park of 21 MW. In 2020 the San Fernando Solar Park will be built that will provide another 50 MW.
