Ecopetrol Expected to Exceed 2025 Oil Well Drilling Goal by 20-40%

EC
October 08, 2025

Ecopetrol S.A. is projected to exceed its 2025 goal of drilling 10 oil wells by a significant margin, with expectations to surpass it by between 20% and 40%. This positive outlook was shared by Rafael Guzman, the company's vice-president for hydrocarbons, on September 18, 2025.

This anticipated overachievement highlights Ecopetrol's strong operational execution and efficiency in its drilling campaigns. Exceeding drilling targets can lead to increased production capacity and reserve additions in the future.

The company's performance in this area underscores its commitment to strengthening its traditional hydrocarbon business. This operational success contributes to Ecopetrol's overall strategic objectives.

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