"In the Exploratory segment we achieved significant steps, especially in the search of hydrocarbons offshore. To worth of mentioning are Rydberg (with Shell and Nexen), Lion (with Repsol), both of them in GOM and Orca-1 (with Petrobras and Repsol) in the Tayrona block, the first discovery in the Colombian Caribe deep water. Closing the year we obtained a 27% exploratory success factor, with seven discoveries".
Gonzalo Restrepo, president of the Board of Directors &
Javier Gutiérrez, CEO of Ecopetrol S.A., in the 2014 Integrate Report
|Ecopetrol Group Exploratory Indicators*|
|Discoveries||Wells with public announcement||4||9||5||8||7|
|Investment||Millions of US dollars||680||867||1.264||1.143||1.343|
*Ecopetrol and its partners.