Perenco started operating in Colombia in 1993, when the company acquired assets in the Los Llanos Basin. Eleven years later, the presence of the company was enhanced with the acquisition of Petrobras Colombia (PEC).
In Colombia, the operated and undeveloped production of Perenco now exceeds 21,000 BOEPD.
In 2014, Perenco acquired the Colombian assets of Petrobras, including interests in 11 exploration and onshore production blocks, as well as interests in the Colombia and Alto Magdalena pipelines. In Tolima, the Guando field is one of the three greatest discoveries made in Colombia over the last 15 years.
These new assets, now renamed Perenco Oil and Gas Colombia Limited, are a perfect example of successful integration.
This acquisition reinforced the presence of the group in Colombia, which since 1993 has been operating a large number of contracts in the Casanare region, including five collaboratively (Casanare, Estero, Garcero, Corocora and Orocue), one with the ANH (the National Hydrocarbon Association) (Oropendola) and one concession contract (Yalea).
In 2016 and 2017, despite a difficult climate due to falling oil prices, Perenco restarted its drilling operations. This ambitious campaign, consisting of four development wells and nearly 100 workovers, helped to increase the production by nearly 4,500 BOEPDs.
In 2017, Perenco invested in the development of the Guando South-West Field and the extension of the Guando South Field; the State Company Ecopetrol validated their commercialisation in 2014.
The success of Perenco in Colombia is the combined result of a real operational know-how, bringing economic sustainability to the most remote sites; of a demanding and proactive HSE policy, and of quality relations with all the local partners, the State and local communities.
In Colombia, Perenco is also deeply involved in CSR actions. In addition to creating more than 3,000 jobs, the company has set-up social programmes in over 80 villages and ten cities and invested in road construction to facilitate local access.