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Ecopetrol subsidiary acquires Chevron’s stake in Carribean gas pumps
Nov. 27, 2019

Ecopetrol subsidiary acquires Chevron’s stake in Carribean gas pumps

Ecopetrol’s subsidiary, Hocol yesterday informed about agreeing to acquire Chevron's interest in two Caribbean gas production fields. The two production fields, Chuchupa and Ballena, will be now jointly owned by Ecopetrol (57% stakes), and Hocol (43% stakes). The operatorship of the fields will be transferred to Hocol. Government data in 2018 showed gas reserves in Colombia equivalent to 9.8 years of consumption.

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