A Colombian court has issued an injunction against Ecopetrol and Petrobras, mandating a halt to the drilling of the Uchuva-2 gas well in Caribbean waters, reported Bloomberg.
The order came after an indigenous community near Santa Marta sought legal protection, arguing that their consent was not obtained prior to the commencement of drilling activities, according to a document published by Caracol Radio.
Brazilian state-owned oil and gas company Petrobras, holding a 44.4% stake, operates the Tayrona block, while Ecopetrol owns the remaining 55.6%.
The Uchuva-1 exploratory well, positioned at a depth of 837m, is roughly 32km from shore and 76km from Santa Marta.
Ecopetrol is expected to release a statement on the court’s decision, while Petrobras is yet to respond to requests for comment, the publication said.
This legal development comes at a critical time for Colombia, which is facing a potential natural gas deficit at the beginning of the next year.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn an interview last month, Ecopetrol offshore chief Elsa Jaimes said that Caribbean waters may yield production as soon as 2029, contingent on local community approvals and environmental licensing.
However, the recent ruling to cease Uchuva-2 drilling, which began in June, is not the only challenge for Ecopetrol.
The country’s environmental licensing authority suspended the approval process for another offshore oil well last month, which would have been a record-setting drilling project.
Ecopetrol and Occidental Petroleum have plans to initiate drilling of the Komodo-1 well later this year at a depth of approximately 3,900m.
The Uchuva-2 case also represents a setback for Petrobras in terms of offshore exploration.
In Brazil, the company has faced prohibitions on drilling in a crucial part of the Equatorial Margin due to environmental concerns.