12 tracked facilities, ≈37,065,410 t CO2/yr combined — here are the largest, what that CO2 is worth at current prices, and the sector's reduction pathway. Full sector pathway: decarbonizing oil & gas production.
| Metric | Value | Note |
|---|---|---|
| Facilities tracked | 12 | with CO2 estimates |
| Total est. CO2 | 37,065,410 t/yr | Climate TRACE 2023 |
| Average per facility | 3,088,784 t/yr | |
| Gross value (full price) | €2,966M/yr | all tracked CO2 × €80.01/t EUA — before free allocation / EU-bound share |
Carbon pricing here: Carbon tax ≈US$5/t with offset crediting (World Bank State & Trends of Carbon Pricing 2025 / ICAP 2025). Current benchmark: no liquid market price. Full country page: carbon price in Colombia.
| # | Facility | Owner | t CO2/yr (est. 2023) | Indicative value |
|---|---|---|---|---|
| 1 | Colombia_Llanos_Heavy oil | Ecopetrol SA | 26,503,794 | €2,120.6M |
| 2 | Colombia_Llanos_Conventional onshore | Ecopetrol SA | 5,076,955 | €406.2M |
| 3 | Colombia_Middle Magdalena Valley_Heavy oil | — | 1,491,742 | €119.4M |
| 4 | Colombia_Oriente_Conventional onshore | Ecopetrol SA | 1,437,476 | €115.0M |
| 5 | Colombia_Middle Magdalena Valley_Conventional onshore | Occidental Petroleum Corp | 1,311,649 | €104.9M |
| 6 | Colombia_Lower Magdalena_Conventional onshore | Canacol Energy Ltd | 476,562 | €38.1M |
| 7 | Colombia_Upper Magdalena Valley_Conventional onshore | — | 432,640 | €34.6M |
| 8 | Colombia_Guajira_Conventional shelf | — | 186,390 | €14.9M |
| 9 | Colombia_Sinu_Conventional onshore | — | 75,285 | €6.0M |
| 10 | Colombia_Maracaibo_Conventional onshore | — | 37,943 | €3.0M |
Climate TRACE satellite estimates via IndustryAtlas — modelled, not verified; some entries aggregate clusters. Corrections welcome.
Boilers, kilns, heat exchangers, valves and steam lines lose energy continuously. Inzonex makes Inzonex Modular Insulation — snap-fastened modules engineered per temperature tier, not generic off-the-shelf jackets:
Every tonne you stop emitting is a tonne you don't have to report: cutting heat loss is a measurable, auditable Scope 1 reduction that flows straight into EU ETS, CBAM and your ESG / CSRD disclosures — not an offset, an actual emission cut.