Oxy has been an active investor in Colombia for more than four decades. Currently, Oxy has operations in the Llanos Norte Basin of the Arauca province near the Venezuelan border, and in the Middle-Magdalena Basin in the Santander province.
In Arauca, Oxy operates the giant Caño Limón oil field, which recently celebrated its 25th anniversary. Oxy's discovery of the Caño Limón field in 1983 enabled Colombia to become an oil exporter after many years as a net importer. Oil produced in the Llanos Norte Basin is transported through the Caño Limón-Coveñas pipeline operated by Colombia's national oil company, Ecopetrol.
In the Middle-Magdalena Basin, Oxy operates La Cira-Infantas (LCI) field in partnership with Ecopetrol. LCI is an enhanced oil recovery project with large remaining reserves.