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Gas deficit in Colombia starting 2025-2026

Presence of extensive gas deposits (117 TCF) beneath the Sabana de Bogotá

Approximately time lecture: 

5 minutes

Presence of extensive gas deposits (117 TCF) beneath the Sabana de Bogotá

Why do we experience this?
 

We have been discussing the potential outcomes of an energy crisis due to the current agenda of the Colombian government; we cannot deny that the current situation may lead us to an economic failure, as we have seen in Germany, due to the dependency on Russian gas. In Colombia, gas imports will be increased starting in 2025, as stated by the president of Ecopetrol, Ricardo Roa. As we discover why we are reaching this point, we should emphasize the negligence of not signing more exploratory contracts for gas and oil under the present administration. Since 2022, Colombia has no longer searched for new gas fields and can no longer fulfill its energy sovereignty plan.

As we delve into the potential solutions to these upcoming crises, we should be well aware that Colombia is capable of securing its gas demand and this can be proved by the National Hydrocarbons Agency as stated by International Trade Administration ‘’The agency has received resource studies that estimate total reserves of 2-10 billion barrels of conventional hydrocarbons and unconventional hydrocarbons could reach up to 20 billion barrels and preliminary conventional natural gas reserves could yield up to 11.4 TCF of probable and potential reserves in the Colombian onshore basins and offshore basins, including Tayrona, Sinu, Tumaco, and Choco. ‘’.
 

Exploring possibilities
 

In spite of the well-known gas deposits located onshore in the Llanos foothills and the Lower Magdalena basin, plus the potential Caribbean offshore deposits still in exploration, a gas deficit has been announced in Colombia starting 2025-2026. 
 

Meanwhile, very significant dry gas quantities have been identified through the construction of a water tunnel between Chingaza and Bogota by Konstruktor and ICA Mexico in 1982 and well drilling is done by Exxon 1962, Maurel and Prom 2011, ANH 2011, and Nexen 2011-2014, especially in Turonian rocks (Chipaque and Frontera Formations) and Late Aptian rocks (Fomeque and Paja Formations) in the Eastern Cordillera of Colombia.
 

The mentioned stratigraphic units hold anoxic intervals with thicknesses up to 750 feet with organic matter contents (up to 14%), high porosity (up to 36%), and high permeability values (up to 3,800 nD) where free gas has accumulated. These organic intervals are estimated to hold absorbed gas at 20% and free gas at 80%. Consequently, the free gas could be recovered without any frac stimulation, mainly in areas with high compressibility located along the syncline axis in the region. This natural gas is a mixture of naturally occurring hydrocarbon gases produced from decomposing organic matter (plants and animal remains). 
 

The Agencia Nacional de Hidrocarburos ANH estimated recoverable prospective resources in 2020 at 96 TCFs in Late Aptian and 21 TCFs in Turonian stratigraphic units, for a total of 117 TCFs in the Eastern Cordillera.
 

There is no doubt that the presence of these extensive gas deposits underneath the Sabana de Bogota, where the capital Bogota and important industries are present, represents an important asset to be highly considered for free gas testing before incurring high gas cost imports. In addition, the existence of a robust gas pipeline infrastructure would reduce gas transportation costs. 
 

Who should take the lead on testing this opportunity for the country, or should the country be condemned to lose its sovereignty because it has this size of gas resources offshore and underneath the Sabana de Bogota?

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Assembling a contingency plan for Colombia
 

Following these proposed solutions, a brighter future is always possible if the necessary policy meets objectiveness in Colombian sovereignty and independence; as we experienced after COVID and as we have seen in Europe, we are enabling Colombia to depend on its existing resources for the future.
 

Our current plan as a global group is to provide Colombia with all the necessary tools to enable a sovereign plan on its energy infrastructure, plus allow the country to increase its GDP consolidation through cheap and affordable energy sources. By doing so, other industries will benefit from this and could allow economic development more efficiently without unnecessary costs and difficulties. This plan is entitled Colombia Vision Plan 2050, which fosters a futuristic plan for the Colombian economy and allows capital to be allocated to necessary industries that have not been considered a vital asset in the historical economic playbook of the Colombian economy. Industries such as information technology, education, and logistical infrastructure. Our proposition to the country will be made soon.




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