Colombian caution stymies Exxon’s fracking hopes
ExxonMobil has been waiting for the green light to begin fracking in Colombia since Q1 2015. But an all-important environmental licence remains elusive
30 August 2017
Production in the Middle Magdalena Valley. (Yesid Ferney Patiño Zambrano)
ExxonMobil’s hopes of being the first company to frack in Colombia are being frustrated by the country’s lengthy permitting process for unconventional oil and gas development, Interfax Natural Gas Daily has learned.
Colombian environmental agency ANLA told Interfax Natural Gas Daily it was still carrying out groundwater studies related to the supermajor’s application for an environmental licence for the VMM-37 block in Puerto Wilches, Santander. Exxon filed an environmental impact assessment (EIA) in support of the application in Q1 2015.
As well as performing the groundwater...
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