Citation
(2003), "It's a gas", Work Study, Vol. 52 No. 4. https://doi.org/10.1108/ws.2003.07952dab.010
Publisher
:Emerald Group Publishing Limited
Copyright © 2003, MCB UP Limited
It's a gas
It's a gas
ChevronTexaco's Colombia subsidiary, Texas Petroleum Company, and Ecopetrol, the Colombian national oil company, have signed an agreement for incremental gas production from the Guajira region in the northeastern coastal region of the country. The agreement for the Catalina Project, signed in February, provides the basis for the country's natural gas supply and distribution through 2016. Texas Petroleum Company and Ecopetrol currently produce more than 80 percent of the natural gas consumed in Colombia. The gas comes from Chuchupa, the country's only offshore field, and Ballena, an onshore field located in Guajira State. Together these fields produce on average 500 million cubic feet of gas a day. The new agreement will enable both companies to develop and produce an additional 1trillion cubic feet of natural gas reserves that are still in the area.