Operations - Estrella International Energy Services Ltd.
Operations - Estrella International Energy Services Ltd.
Operations - Estrella International Energy Services Ltd.
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Target Market ‐ Colombia<br />
The Hottest Little Market in Latin<br />
America<br />
• Continued strong activity by juniors<br />
and Ecopetrol have kept rig count up<br />
• Nearing the elusive goal of 1,000,000<br />
bbls/day of production<br />
• Large number of projects still in<br />
exploration phase<br />
• Slow to develop infrastructure is<br />
restricting pace of growth<br />
• Security and social concerns have lost<br />
some ground after major<br />
improvements over the last 10 years<br />
• Activity outlook remains strong<br />
Rig 553 outside of Bogota<br />
Drilling Rigs<br />
Operating<br />
Workover Rigs<br />
Operating<br />
Active Drilling<br />
Contractors<br />
67 Approx. 150 Over 30<br />
Source: Baker Hughes<br />
15
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