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Session Details

Ecopetrol | Reducing Cost & GHG Emissions of Heavy & Extra-heavy Oil Production

Tuesday, March 10

10:00 am - 10:30 am

At the beginning of the century, Colombia experienced a steep decline in reserves. The country and its national oil company, Ecopetrol, faced the specter of oil imports amid a difficult national security situation and the departure of foreign operators. Ecopetrol had two Llanos Basin fields that produced heavy and extra-heavy oil grades, which were difficult and expensive to extract, dehydrate, transport, and refine. However, by implementing a technology plan, Ecopetrol increased field production from 15,000 bd to over 200,000 bd, incorporating high-conversion refining capabilities. Ecopetrol’s R&D center developed over 15 proprietary technologies that replaced inefficient, conventional processing technologies; enabled the development of stranded assets; and reduced energy consumption and GHG emissions. These proprietary technologies led Ecopetrol to become a leading player in processing heavy and extra-heavy oil and to rebound successfully following the 2015 oil crisis.

Session Speakers
  • Andrés Mantilla Zárate

    Ecopetrol

    Director, Technology and Innovation Center, ICP - Ecopetrol