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Colombia’s oil production: Growth inertia

Colombia’s March 2014 oil production numbers were delivered by the country’s oversight body ANH yesterday and here’s how the 977k barrels of oil per day average stacks up against previous months’ production:
NB: Please note the cut-down Y-axis
Colombia got to and above its desired 1m bbl/day level last year, but there’s a real sense of things rolling over now. Here’s how the year-over-year production chart shows that more clearly:
The three four* moves are the big growth spurt from 2008, the consolidation, the smaller growth redux based around 2013, the relapse today. All historical stats from the ANH website.

*fear, surprise, ruthless efficiency and an almost fanatical devotion to the pope and nice red uniforms ohhh i’ll come in again

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