Ronda Colombia 2012 - ANH

1. Ronda Colombia 2012

2. Content
2. Colombia – Indicators / targets
4. Potential
6. Colombia Round 2012
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3. Colombia has strong fundamentals on which to
build prosperity
Source: Ministry of Mines and Energy - Colombia
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4. This is shown by its recent economic
performance
Unemployment Rate
GDP (PIB US$ Billion)
(National total)
9.8
Dec 2011
Source: World Bank Source: Statistical Department of Colombia – DANE
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5. Debt and Growth
36.3%
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6. Improving Security
Colombia´s security strategy is constantly adjusting to maintain
security improvements
• Include security considerations in
energy planning
• Local security analyses for greater
efficiency
• Increase troops as needed
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7. Oil production
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8. Gas production
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9. Executed Contracts
TEA: Technical Evaluation Agreement
E&P: Exploration and Production contract
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10. Seismic acquisition
Investment in
seismic 560
acquisition USD million
(2012)
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11. Exploratory wells drilled
Investment in 770
drilling (2012) USD million
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12. Investment
Oil & gas sector
3rd quarter
Source: Banco de la República
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13. Reserves
Oil Gas
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14. Proved reserves incorporated
Million barrels of oil equivalent
The figure of 2011 is the incorporation expected and correspond to areas of E&P contracts in the same year declared
commerciality.
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15. New E&P discoveries
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16. Content
 Colombia – Indicators / targets
 Potential
 Colombia Round 2012
16

17. Potential
Convencional crude Gas (Associated and free, Bcf) Heavy Oil (MMbbl)
Basin / Resource (MMbbl / Tcf)
P10 P50 P90 P10 P50 P90 P10 P50 P90
OFFSHORE 276.413,0 75.815,0 12.570,0 205,8 20,6 1,9
Cayos 43.050,0 11.774,0 1.950,0 21,8 2,6 0,3
Chocó Offshore 12.589,0 3.453,0 575,0 58,9 4,4 0,1
Colombia 90.992,0 24.923,0 4.138,0 39,9 4,9 0,6
Guajira Offshore 18.721,0 5.131,0 855,0 10,0 1,1 0,1
Pacifico Profundo Colombiano
92.961,0 25.566,0 4.224,0 39,4 4,7 0,6
Sinú Offshore 8.182,0 2.248,0 377,0 10,4 1,0 0,1
Tumaco Offshore 9.918,0 2.720,0 451,0 25,3 2,0 0,1
ONSHORE 153.952,0 42.148,0 7.436,0 289,4 25,6 1,8 388.653,0 71.386,0 14.224,0
Amagá 804,0 233,0 75,0 3,3 0,3 0,0
Choco 13.444,0 3.682,0 607,0 14,2 1,3 0,1 3.454,0 1.145,0 313,0
Caguán-Putumayo 419,0 137,0 34,0 15,8 1,9 0,2 21.500,0 5.794,0 1.628,0
Catatumbo 213,0 59,0 17,0 8,8 0,7 0,0
Cauca Patía 4.553,0 1.247,0 208,0 60,5 4,3 0,1
Cesar Ranchería 4.137,0 1.135,0 189,0 9,7 0,8 0,0
Cordillera Oriental 22.653,0 6.221,0 1.030,0 44,9 3,6 0,2 5.467,0 3.052,0 1.369,0
Guajira 4.777,0 1.307,0 218,0 17,4 1,3 0,0
Llanos Orientales 3.250,0 892,0 148,0 40,2 4,4 0,5 319.455,0 46.735,0 6.806,0
Sinú San Jacinto 13.469,0 3.697,0 614,0 15,5 1,3 0,1
Tumaco 4.486,0 1.651,0 611,0 6,6 0,6 0,0
Urabá 4.413,0 710,0 159,0 3,9 0,3 0,0
Valle Inferior del Magdalena 13.177,0 3.609,0 602,0 12,3 1,1 0,1
Valle Medio del Magdalena 11.885,0 3.252,0 539,0 7,2 0,6 0,1 22.459,0 10.216,0 3.526,0
999,0 274,0 45,0 10,5 0,9 0,0 16.318,0 4.444,0 582,0
Valle Superior del Magdalena
Vaupés Amazonas 51.273,0 14.042,0 2.340,0 18,6 2,2 0,3
Áreas no Prospectivas o aledaña
a cuenca
TOTAL 430.365,0 117.963,0 20.006,0 495,1 46,3 3,8 388.653,0 71.386,0 14.224,0

18. Potential
Gas Hydrates (Tcf) Coal bed methane (Bcf)1 Tar Sand
Basin / Resource (MMbbl / Tcf)
P10 P50 P90 P10 P50 P90 P10 P50 P90
OFFSHORE 75,6 19,1 4,9
Cayos
Chocó Offshore 46,9 11,8 3,0
Colombia 1,9 0,5 0,1
Guajira Offshore 12,2 3,1 0,8
Pacifico Profundo Colombiano
3,7 0,9 0,2
Sinú Offshore 5,8 1,5 0,4
Tumaco Offshore 5,2 1,3 0,3
ONSHORE 77.510,7 14.612,0 725,4 151.173,8 20.428,8 3.455,2
Amagá 516,0 96,0 4,0 318,6 43,1 7,3
Choco 2.187,7 295,6 50,0
Caguán-Putumayo 167,0 31,4 1,8 14.203,0 1.919,3 324,6
Catatumbo 682,3 128,2 6,6 816,9 110,4 18,7
Cauca Patía 720,7 134,9 7,0 711,9 96,2 16,3
Cesar Ranchería 17.713,0 3.296,0 161,0 756,1 102,2 17,3
Cordillera Oriental 4.585,2 867,1 43,7 22.109,1 2.987,7 505,3
Guajira 832,4 156,3 7,8 1.035,9 140,0 23,7
Llanos Orientales 573,0 107,3 5,3 16.526,0 2.233,2 377,7
Sinú San Jacinto 33.286,6 6.338,5 313,1 9.067,2 1.225,3 207,2
Tumaco 753,9 101,9 17,2
Urabá 1.027,7 138,9 23,5
Valle Inferior del Magdalena 252,0 47,0 2,0 4.174,3 564,1 95,4
Valle Medio del Magdalena 4.448,0 830,0 42,0 18.650,3 2.520,3 426,3
11.177,7 2.099,8 106,8 25.404,0 3.432,9 580,6
Valle Superior del Magdalena
Vaupés Amazonas 4.752,8 642,3 108,6
Áreas no Prospectivas o aledaña a 2.556,9 479,5 24,3 28.678,4 3.875,4 655,5
cuenca
TOTAL 75,6 19,1 4,9 77.510,7 14.612,0 725,4 151.173,8 20.428,8 3.455,2

19. Potential
Oil Shale3 Shale Oil 4
Shale Gas4
Basin / Resource (MMbbl / Tcf)
P10 P50 P90 P10 P50 P90 P10 P50 P90
OFFSHORE
Cayos
Chocó Offshore
Colombia
Guajira Offshore
Pacifico Profundo Colombiano
Sinú Offshore
Tumaco Offshore
ONSHORE 91.078,0 2.220,1 60,5 151.524,0 19.607,4 3.090,6 2.050,7 265,5 33,8
Amagá 3,5 0,1 0,0 14,4 4,2 0,6 0,2 0,1 -
Choco 412,2 10,9 0,3 235,2 71,4 11,4 3,2 1,0 0,2
Caguán-Putumayo 259,1 5,0 0,0 27.802,8 1.319,4 142,8 376,3 17,9 1,9
Catatumbo 85,0 3,6 0,1 1.918,2 403,2 50,4 26,0 5,5 0,7
Cauca Patía 240,2 7,8 0,2 295,8 88,2 13,8 4,0 1,2 0,2
Cesar Ranchería 622,9 13,9 0,3 1.108,2 294,6 43,2 15,0 4,0 0,6
Cordillera Oriental 294,6 9,5 0,3 7.543,8 2.137,8 327,0 102,1 28,9 4,4
Guajira 10.443,3 198,7 1,2 1.373,4 365,4 54,0 18,6 4,9 0,7
Llanos Orientales 798,9 33,3 1,2 68.478,6 10.783,8 1.297,2 926,7 145,9 17,6
Sinú San Jacinto 1.135,1 47,5 1,9 4.565,4 1.171,2 169,2 61,8 15,9 2,3
Tumaco 2.678,0 99,3 3,0 586,8 175,8 27,6 7,9 2,4 0,4
Urabá 1.950,3 97,1 4,1 943,8 241,8 34,8 12,8 3,3 0,5
Valle Inferior del Magdalena 12.166,0 220,4 3,8 1.255,2 362,4 55,8 17,0 4,9 0,8
Valle Medio del Magdalena 39.432,2 549,6 7,3 1.539,0 450,0 69,6 20,8 6,1 0,9
5.986,4 240,9 8,5 469,2 139,2 21,6 6,4 1,9 0,3
Valle Superior del Magdalena
Vaupés Amazonas 14.564,9 682,2 28,3 33.394,2 1.599,0 771,6 451,9 21,6 2,3
Áreas no Prospectivas o aledaña a 5,5 0,3 0,0
cuenca
TOTAL 91.078,0 2.220,1 60,5 151.524,0 19.607,4 3.090,6 2.050,7 265,5 33,8

20. Potential
Gas in Tigh sands 5 (Tcf)
Basin / Resource (MMbbl / Tcf)
P10 P50 P90
OFFSHORE
Cayos
Chocó Offshore
Colombia
Guajira Offshore
Pacifico Profundo Colombiano
Sinú Offshore
Tumaco Offshore
ONSHORE 43,7 5,5 1,0
Amagá 0,1 0,0 0,0
Choco 0,9 0,1 0,0
Caguán-Putumayo 6,7 0,9 0,1
Catatumbo 0,5 0,1 0,0
Cauca Patía 0,3 0,0 0,0
Cesar Ranchería 0,8 0,1 0,0
Cordillera Oriental 5,0 0,6 0,1
Guajira 1,0 0,1 0,0
Llanos Orientales 15,6 2,0 0,3
Sinú San Jacinto 2,5 0,3 0,1
Tumaco 0,5 0,1 0,0
Urabá 0,7 0,1 0,0
Valle Inferior del Magdalena 2,6 0,3 0,1
Valle Medio del Magdalena 2,1 0,3 0,0
Valle Superior del Magdalena 1,5 0,2 0,0
Vaupés Amazonas 3,0 0,4 0,1
Áreas no Prospectivas o aledaña a cuenca
TOTAL 43,7 5,5 1,0

21. Investors Perception
Perception of Attractiveness in LATAM
+
-
Source: ADL 2011
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22. Colombia offers good business opportunities
• A prolific geology
• A good business environment
• A tradition of contractual stability
• A competitive institutional framework
• Competitive fiscal and economic terms
• Competitive and transparent rounds
• Marketing freedom for oil and gas overseas
• Exporters will be recognized the opportunity cost of natural gas exports
whenever there are interruptions due to internal needs
• A window of opportunity
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23. Content
 Colombia – Indicators / targets
 Potential
 Colombia Round 2012
23

24. Colombia Round 2012
Blocks - Ronda 2012
Basin Type 1 Type 2 Type 3 Total
VAU AMAZ 2 2
CAT 2 2
COL 4 4
COR 4 19 23
GUA 2 1 3
GUA OFF 3 3
LLA 17 2 2 21
CAG PUT 3 1 9 13
SIN OFF 1 1
SIN SJ 4 4 8
TUM OFF 2 2
URA 1 1 2
VIM 4 4 1 9
VMM 4 4 1 9
VSM 1 6 7
Total 29 34 46 109
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25. Colombia Round 2012
On Off
shore shore
Type 1 29
Type 2 29 5
Type 3 40 6
Total 98 11
Sísmica 2D Número de
Tipo Total (Has)
(km) pozos
Tipo 1 914 76 656.520
Tipo 2 1.644 186 3.591.333
Tipo 3 438 23 9.229.703
Total 2.996 285 13.477.556
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26. Blocks with unconventional potential
Total of
Type 1 Type 2 Type 3
blocks
31 0 13 18
Basin Type of block Number of blocks
CAT 2 2
2 4
COR
3 17
2 4
VMM
3 1
VSM 2 3
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27. Thank you !
www.anh.gov.co
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