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Colombia’s Offshore Gas Project Could Yield 13.3 Million Cubic Meters Daily Over 10 Years, Petrobras Executive Reveals

by Krystal

Petrobras’ general manager for exploration, Rogerio Soares, announced that Colombia’s offshore Sirius gas project could reach a production rate of 13.3 million cubic meters per day, sustaining this output for a decade. The update was shared during a presentation at the Colombian Petroleum Association’s (ACP) forum on oil, gas, and energy in Cartagena.

“The initial plan for Sirius anticipates the first offshore gas production between 2029 and 2030, starting with four wells. The projected output is 13.3 million cubic meters per day, expected to last for 10 years,” Soares explained at the conference.

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Sirius, formerly called Uchuva, is a joint venture between Brazil’s Petrobras and Colombia’s state-majority energy company Ecopetrol. According to Soares, the site holds over 6 trillion cubic feet of gas reserves.

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The total investment for the project is estimated at around $5 billion, split between $2 billion for exploration and $3 billion for production development, Soares added.

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“Sirius represents the largest offshore discovery in Colombia’s history and has the potential to double the country’s reserves,” he stated.

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Looking ahead, Soares also mentioned a potential expansion phase that could begin in 2031. This phase would include additional wells, potentially boosting gas production to 15 million cubic meters per day.

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