At the end of 2016, the Andean nation had oil reserves of a mere 1.7 billion barrels — or a 174th of neighboring Venezuela and an eighth of Brazil's reserves — compared to over 2.3 billion barrels at the end of 2014. It's believed that those reserves are only sufficient to support another five years of …

The post The Rise And Fall Of Colombia’s Shale Industry appeared first on crude-oil.news.

By admin