Repsol is the next to be granted offshore E&P rights from a TEA, this time the GUA-OFF-1 block, 4,000 sq km off La Guajira peninsula, shared 50:50 with Ecopetrol and NE of the Tayrona block. Petrobras and Shell have already benefited from the TEA conversions, pending are Anadarko, ExxonMobil + Ecopetrol, whose map below refers.
Repsol (50%) will operate two blocks offshore COL 4 & GUA OFF 1 following the signing of new E&P contracts with ExxonMobil and Ecopetrol respectively.