CE-MAT 2025

ONGC-Sinopec JV, MECL, Achieves Landmark Output in Colombian Oilfield

Mansarovar Energy Colombia Ltd hits 5153 BOPD in Velásquez Field, marking the highest oil output since 1983 with major boost from well Vel-339.

ONGC-Sinopec JV, MECL, Achieves Landmark Output in Colombian Oilfield
MECL achieves highest oil output since 1983 in Colombia’s Velásquez Field

Bogotá, Colombia, July 3, 2025. Mansarovar Energy Colombia Ltd. (MECL), a joint venture between ONGC Videsh Ltd. (India) and Sinopec (China), has announced a major production achievement: 5,153 barrels of oil per day (BOPD) in the Velásquez Field. This marks the highest output recorded since 1983.

This milestone highlights MECL’s ability to create value from mature fields through a strategic mix of global expertise and local operational skill.

 

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A key contributor to this record output is well Vel-339, which alone produces 543 BOPD. The successful operation of this well shows the company's skill in finding and maximizing untapped potential even in long-established fields.

"This production peak is more than just a number. It reflects the unwavering commitment of our people, the technical skill of our Heavy Equipment Business Unit (HEBU), and the ongoing support of our shareholders," MECL said in a company statement.

Founded as a partnership between the two energy companies, ONGC Videsh and Sinopec, MECL blends strong international standards with deep knowledge of Colombia’s oil landscape. The company has consistently focused on innovation, safety, and efficiency while managing complex operational environments.

 

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The Velásquez Field, one of Colombia’s older oil-producing sites, has long been a key part of MECL’s upstream operations. Surpassing production levels not seen in over four decades is a sign of the organization's resilience, adaptability, and forward-thinking strategy.

"As we celebrate this achievement, we remain committed to setting new standards and unlocking sustainable growth for the future," the statement added.

With this record-setting performance, MECL is paving the way for increased productivity and a stronger energy outlook in Colombia, strengthening its role as a major player in the nation’s oil and gas sector.

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