WorldOil First oil Another mixed outlook awaits the EandP sector Ecopetrol deploys subsea exploration drones off La Guajira peninsula Ecopetrol will employ unmanned underwater gliders to navigate an extensive area of the Colombian Caribbean to acquire information related to physical-chemical variables of the ocean. Colombia’s Ecopetrol reports profit growth despite falling commodity prices Ecopetrol recorded net profits of $ 6.2 billion in the first half of 2019, the highest since 2013 for the first half. Profits grew 1.6% while the price of Brent crude decreased 7% in that period. ‘Deliberate action’ in Colombia ignites 2,600 bbls of crude, hinders firefighters’ efforts Ecopetrol and Cenit report that unidentified individuals deliberately set fire to four temporary crude oil retention pools containing 2,600 barrels of oil in the Colombian municipality of Arauquita, Arauca. Weatherford wins Colombian 3,000 well production optimization contract Under the newly signed contract, the company will provide all maintenance and services for the software platform for five years, as well as all technical and production services required to allow Production Performance Management. U.S. sanctions on Venezuela are a blessing to Colombian oil U.S. Gulf refiners are bidding up prices for Colombian crude amid sanctions on Venezuelan imports, historically one of America’s top oil suppliers. Colombia plans Mexico-style oil hedge after recent volatility Colombia is planning to hedge its oil exports to protect the government from the violent swings in revenue it suffered in recent years. Amerisur Resources spuds Pintadillo-1 well, in Colombia Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, has announced that the spudding of Pintadillo-1, in the central part of the Platanillo Block, using Rig D-10, occurred on Aug. 30, 2018. Frontera Energy Corp. announces positive drilling results in Colombia Frontera Energy Corporation has announced positive drilling results from the Acorazado-1 well located on the 100% owned and operated Llanos 25 block onshore Colombia. As a result, the well is being cased in preparation for testing. Ecopetrol announces new oil finding at Cundinamarca, Colombia Ecopetrol reports that Búfalo-1 well confirmed the presence of oil in the Valle Medio del Magdalena, located near the town of Guaduas, Department of Cundinamarca.