The Centro Regional de Estudios de Energía (CREE) and RGL Consultor EU presented a study titled 'Futuro de los hidrocarburos en Colombia: una mirada cuantitativa' to the Comité Intergremial de Petróleo y Gas. ^[1] The study projects that in the high-supply scenario, fiscal contributions from royalties, income tax, and Ecopetrol dividends could reach COP 695 trillion between 2025 and 2025. ^[2] A study by the Centro Regional de Estudios de Energía (CREE) and RGL Consultor EU projects that without reactivating domestic production, Colombia could import 65% of its gas demand by 2035 and 98% by 2045. ^[3] The analysis indicates that current proven reserves become marginal toward the year 2035, with a production gap potentially reaching 915,000 barrels per day of oil and 2.834 million cubic feet per day of gas by 2040. ^[4] The study warns that if a loss of self-sufficiency scenario is adopted, gas imports could reach 65% of supply by 2035 and up to 98% by 2045. ^[5] Between 2015 and July 2026, Colombia's oil extraction decreased from 1,006,000 to 731,000 barrels per day, representing a 27.3% reduction. ^[6] The study identifies a critical decision window between 2029 and 2032, noting that current proven reserves would become marginal by 2035 without new discoveries or projects. ^[7] Under a loss of self-sufficiency scenario, the study estimates that fiscal contributions from hydrocarbons between 2025 and 2050 could reach only $207 trillion in present value, compared to $695 trillion in a high-offer scenario. ^[8]