Oil reserves would increase with fracking

By , in Companies on .

Colombia has approximately 1,750 million barrels of reserves, meaning that this would guarantee energy self-sufficiency for approximately 5.7 years. Currently, Colombia achieves an oil production of 860,401 barrels per day.

This, for Julio César Vera, president of the Colombian Association of Petroleum Engineers, Acipet, is a short time and if exploration, exploitation and production of deposits in generating rock (unconventional) in the country are not developed, one could think of import the crude.

“The bet to explore deposits in generating rock, unconventional, is so that Colombia can substantially improve its self-sufficiency, to bet on a development that could be between 3 and 7 billion barrels, that is, it would double our oil reserves, and expand self-sufficiency to more than 20 years, possibly, “explained Vera, who was in the III National forum of rations in generating rock (unconventional).

Fractures without risk

Although the fears of the practice of the Fracking do not stop, Martin L. Kaindl, director of Institutional Relations and administration of Argentina, assures that the hydraulic fractures are a practice that is implemented from the decade of 40 in the United States.

“The technique is known and used permanently. It is a safe practice, but it is important to know that zero risk is not in any activity that man does. The industry handles great temperatures and therefore the contingencies are very large, but the technological development is enormous and most of it has been to provide it with environmental and operational safety. No company is interested in an environmental accident, “said Kaindl.

The industry indicated that currently the country is in an exploration stage, but fracking is not carried out. It is expected that the Government will issue environmental regulations and start the exploitation phase.

For now, pilot projects will begin to confirm the potential of hydraulic fractures, and define which practices should be developed to continue with the energy development project.