Frontera aims to revive its production this year
Frontera aims to rebuild production
The Colombia-focused operator forecasts a partial rebound in production this year and is hopeful about exploration offshore Guyana
Calgary-based independent Frontera Energy plans to combine further exploration in Guyana’s prolific offshore this year—after announcing its first oil discovery in the region in January—with drilling activity in Ecuador and growth from its core Colombian acreage. Frontera projects a partial rebound in oil and gas production across its portfolio in 2022. The operator is forecasting an increase of around 10pc over the average of 37,818bl/d oe posted in 2021. But Frontera’s annual output dropped by more than a fifth last year, from 47,800bl/d oe in 2020, amid market volatility and as protests forced a brief shut-in of Colombian production. And the firm projects its annual capex will be anywhere
Also in this section
9 January 2026
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
9 January 2026
While many forecasters are reasserting the importance of oil and gas, petrostates should be under no illusion things are changing, and faster than they might think
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
8 January 2026
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
