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Repsol Worldwide Colombia

Colombia
We have been in Colombia since 1983 through our Upstream and Lubricants businesses.
 Map of Colombia
The map shows the areas/basins in the country where Repsol has exploration and/or production/development activity

Upstream

As of December 31st, 2016, we have mineral rights to 21 blocks in Colombia: 14 exploration blocks, with a net surface area of 27,773 km2, and seven production and development blocks, with a net area of 375 km2. Net production in 2016 amounted to 5.1 Mbbl of liquids and 11.2 bscf of gas, 7.1 Mboe of oil (19,461 boepd). Proved net reserves were estimated at 19.2 Mbbl at year end.
  • 20
    exploration blocks
  • 27,793 km2
    of net surface area
Net production in 2015 amounted to 4.4 Mbbl of liquids and 9.9 bscf of gas (16,949 boepd), with net reserves estimated at 27.1 Mboe.
We are working with the following partners: Ecopetrol, Pacific Rubiales, Amerisur, Total, Hocol, Exxon Mobil, Statoil, and Petrobras.
 
On May 8th, 2015, new projects were added to our assets portfolio. These include a share in the company Equion, a joint venture in which Repsol has a 49% stake, and Ecopetrol 51%. We also have a 45% non-operated stake in block CPO-9, where, in 2014, the discovery of hydrocarbons in the Nueva Esperanza-1 well was announced and where the Akacias field is in the development phase. 
 

Sustainability

We develop projects with the communities that live in the vicinity of our operations to improve their quality of life.

For these projects to be as successful as possible, we coordinate our efforts with the authorities, and also bear in mind the needs of the different communities, requesting that local leaders participate so that the investment programs meet the needs raised by the communities. 

We have been working with the United Nations Development Programme (UNDP) since 2014 on projects focusing on vulnerable people, ethnic minorities, and those in extreme poverty. Between 2014 and 2015 we have been collaborating with 18 Wayuu communities in Guajira, the northernmost point, and also with the national Government regarding access to water and purification. In 2016 we have been working in two of the towns built by the national government for those who have been displaced due to violence and reinserted, and people affected by natural disasters. We have developed productive programs that adapt to the real-life circumstances of the territory and improve relations between these communities.

Information on net production and net proved reserves as of December 31st, 2015, and information on net mineral rights as of June 30th, 2016.

Other information

Policy for the Protection of Personal Data from Repsol Companies in Colombia

This Policy is issued to guarantee the proper processing and handling of the personal data of all natural persons that are considered Clients, Suppliers, Contractors, employees, former employees, advisers, related parties, visitors, and any other kind of third party with a commercial relationship that includes the performance of activities comprised within the corporate purpose of Repsol Companies in Colombia.

Compliance Manual and Business Ethics Program for Repsol Companies in Colombia

This Compliance Manual is aimed to establish the Business Ethics Program to identify, detect, prevent and mitigate the risks related to International Bribery and other corrupt practices, in compliance with what is set forth in Law 1778 of February 2, 2016 and in Resolution 100002657 of 2016 issued by the Superintendence of Companies.