Colombia’s Ecopetrol SA discovered an offshore natural gas deposit that could potentially produce up to 800 million cubic feet of gas a day, according to Chief Executive Officer Ricardo Roa.

Colombia's state-run oil company oil Ecopetrol and Brazil's Petrobras on Thursday announced two major gas discoveries executives said would hugely increase reserves and help the Andean country remain self-sufficient for energy.

Petrobras in 2022 found a large gas accumulation with the Uchuva-1 exploration well in the Tayrona block in the Guajira Offshore basin, and a couple of months ago the company said the Uchiva-2 appraisal well reinforced the volumetric potential of the play.