La producción de petróleo de Colombia ya está en el nivel más bajo de los últimos cuatro años

El petróleo será clave para las finanzas del país en 2026. Foto: Cortesía: Istock

La producción de petróleo de Colombia ya está en el nivel más bajo de los últimos cuatro años

TL;DR

  • Colombia's oil production averaged 746,600 barrels per day from January to October 2025, the lowest in four years.
  • Production in October 2025 was 736,270 barrels per day, down from 764,503 barrels per day in October 2024.
  • Key factors for the decline include government policies against new exploration, investment disincentives, operational challenges, social conflict, and tax burdens.
  • The article highlights that the government's stance on not signing new contracts and not investing in unconventional reservoirs contributes to declining production as existing fields deplete.
  • Tax reforms and decrees have increased the financial strain on oil companies, reducing their capacity for development and exploration activities.
  • A study by the Colombian Petroleum and Gas Association (ACP) estimates a fiscal deficit of nearly $40 trillion from 2027 to 2035 due to falling production.
  • Reduced oil output may impact the supply of refined products for domestic consumption and lead to lower royalty revenues for regions.
  • Despite current low prices around $60 per barrel, some sources believe Colombia remains an attractive country for hydrocarbon investment.
  • International analysts predict oil prices may range between $60 and $70 per barrel next year, influenced by OPEC's potential supply cuts.
  • If the current trend continues, Colombia may not meet its Medium-Term Fiscal Framework targets for oil production through 2035.