Colombia's proven oil reserves stand at 2.02 billion barrels, sufficient for only 7.4 years of production at current rates, while natural gas reserves of 1.717 trillion cubic feet cover just 5.9 years, according to new figures from the National Hydrocarbons Agency (ANH).
The data underscores the structural challenge facing one of Latin America's most significant energy exporters.
With reserves declining faster than new discoveries are being added, the country faces mounting pressure to accelerate exploration and development to maintain its export capacity and domestic supply security.
This domestic supply constraint arrives as major oil companies warn that the global supply buffer is nearing depletion, raising concerns about potential price volatility.
The tightening of global spare capacity amplifies the importance of reliable producers like Colombia, even as long-term demand forecasts grow increasingly uncertain.
Goldman Sachs recently projected that accelerating electric vehicle adoption could reduce worldwide crude demand by up to 320,000 barrels per day by the end of the decade.