UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM SD

Specialized Disclosure Report


ECOPETROL S.A.

(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

REPUBLIC OF COLOMBIA
(State or other jurisdiction of
incorporation or organization)

    

001-34175
(Commission File Number)

    

Not Applicable
(IRS Employer Identification No.)

Carrera 13 No. 36 – 24

BOGOTA – COLOMBIA

(Address of principal executive offices)

Tel. (57) 310 315 8600

Iván Mauricio López Lagos

Investor Relations Officer (A)

investors@ecopetrol.com.co

Tel. (57) 310 315 8600

Carrera 13 No.36 - 24

Bogotá, Colombia

(Name, Telephone, E-Mail and/or Facsimile number and Address of Company Contact Person)


Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in the form applies:

Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2023.

Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2023.


SECTION 2.RESOURCE EXTRACTION ISSUER DISCLOSURE

Item 2.01 Resource Extraction Issuer Disclosure and Report

Disclosure of Payments by Resource Extraction Issuers

The specified payment disclosure required by this Form is included as Exhibit 2.01 to this Specialized Disclosure Report on Form SD.

SECTION 3.EXHIBITS

Item 3.01 Exhibit

2.01 - Interactive Data File (Form SD for the year ended December 31, 2023 filed in XBRL).

99.1 - Resource Extraction Payment Report as required by Item 2.01 of this Form.

2


Signatures

The registrant hereby certifies that it meets all of the requirements for filing and that it has duly caused and authorized the undersigned to sign this Specialized Disclosure Report on its behalf.

    

ECOPETROL S.A.

By:

/s/ Camilo Barco

Camilo Barco

Chief Financial Officer

3


EXHIBIT 99.1

PAYMENTS BY SEGMENT

Upstream:

Subsidiary
/Vicepresidency

Country of
jurisdiction

Project / Field

Resource
(Oil /
Natural
Gas)

Method of
Extraction (if
applicable)

Concept

Government
receiving
payment

Type of
Payment

Currency of
payment

Value in USD
Millions (Exchange
rate: COP 4.325 / USD 1.00)

Fiscal
Year

Upstream vice-presidency

Colombia

ABARCO

Oil

Conventional

Royalties

ANH

Kind

COP

6.54

2023

Upstream vice-presidency

Colombia

ACAE SAN MIGUEL

Oil

Conventional

Royalties

ANH

Kind

COP

2.35

2023

Upstream vice-presidency

Colombia

AKACIAS

Oil

Conventional

Royalties

ANH

Kind

COP

25.89

2023

Upstream vice-presidency

Colombia

APIAY

Oil

Conventional

Royalties

ANH

Kind

COP

3.02

2023

Upstream vice-presidency

Colombia

APIAY ESTE

Oil

Conventional

Royalties

ANH

Kind

COP

0.84

2023

Upstream vice-presidency

Colombia

AREA TECA-COCORNA

Oil

Conventional

Royalties

ANH

Kind

COP

5.49

2023

Upstream vice-presidency

Colombia

ARRAYÁN

Oil

Conventional

Royalties

ANH

Kind

COP

0.55

2023

Upstream vice-presidency

Colombia

AULLADOR

Oil

Conventional

Royalties

ANH

Kind

COP

0.70

2023

Upstream vice-presidency

Colombia

AUSTRAL

Oil

Conventional

Royalties

ANH

Kind

COP

0.50

2023

Upstream vice-presidency

Colombia

BALCÓN

Oil

Conventional

Royalties

ANH

Kind

COP

4.98

2023

Upstream vice-presidency

Colombia

BONANZA

Oil

Conventional

Royalties

ANH

Kind

COP

3.63

2023

Upstream vice-presidency

Colombia

BRISAS

Oil

Conventional

Royalties

ANH

Kind

COP

0.83

2023

Upstream vice-presidency

Colombia

CAIPAL

Oil

Conventional

Royalties

ANH

Kind

COP

2.10

2023

Upstream vice-presidency

Colombia

CAÑO SUR ESTE

Oil

Conventional

Royalties

ANH

Kind

COP

48.89

2023

Upstream vice-presidency

Colombia

CARIBE

Oil

Conventional

Royalties

ANH

Kind

COP

2.80

2023

Upstream vice-presidency

Colombia

CASABE

Oil

Conventional

Royalties

ANH

Kind

COP

23.17

2023

Upstream vice-presidency

Colombia

CASABE SUR

Oil

Conventional

Royalties

ANH

Kind

COP

4.30

2023

Upstream vice-presidency

Colombia

CASTILLA

Oil

Conventional

Royalties

ANH

Kind

COP

111.35

2023

Upstream vice-presidency

Colombia

CASTILLA ESTE

Oil

Conventional

Royalties

ANH

Kind

COP

0.31

2023


Upstream vice-presidency

Colombia

CASTILLA NORTE

Oil

Conventional

Royalties

ANH

Kind

COP

68.42

2023

Upstream vice-presidency

Colombia

CHICHIMENE

Oil

Conventional

Royalties

ANH

Kind

COP

60.96

2023

Upstream vice-presidency

Colombia

CHICHIMENE SW

Oil

Conventional

Royalties

ANH

Kind

COP

26.67

2023

Upstream vice-presidency

Colombia

CHURUYACO

Oil

Conventional

Royalties

ANH

Kind

COP

0.22

2023

Upstream vice-presidency

Colombia

CRISTALINA

Oil

Conventional

Royalties

ANH

Kind

COP

0.75

2023

Upstream vice-presidency

Colombia

CUPIAGUA

Oil

Conventional

Royalties

ANH

Kind

COP

16.60

2023

Upstream vice-presidency

Colombia

CUPIAGUA LIRIA

Oil

Conventional

Royalties

ANH

Kind

COP

9.62

2023

Upstream vice-presidency

Colombia

CUPIAGUA SUR

Oil

Conventional

Royalties

ANH

Kind

COP

2.86

2023

Upstream vice-presidency

Colombia

CUSIANA

Oil

Conventional

Royalties

ANH

Kind

COP

6.42

2023

Upstream vice-presidency

Colombia

CUSIANA NORTE

Oil

Conventional

Royalties

ANH

Kind

COP

1.60

2023

Upstream vice-presidency

Colombia

DINA CRETÁCEOS

Oil

Conventional

Royalties

ANH

Kind

COP

1.65

2023

Upstream vice-presidency

Colombia

DINA NORTE

Oil

Conventional

Royalties

ANH

Kind

COP

0.56

2023

Upstream vice-presidency

Colombia

DINA TERCIARIOS

Oil

Conventional

Royalties

ANH

Kind

COP

13.52

2023

Upstream vice-presidency

Colombia

FLAMENCOS

Oil

Conventional

Royalties

ANH

Kind

COP

1.49

2023

Upstream vice-presidency

Colombia

FLOREÑA

Oil

Conventional

Royalties

ANH

Kind

COP

4.41

2023

Upstream vice-presidency

Colombia

FLOREÑA MIRADOR

Oil

Conventional

Royalties

ANH

Kind

COP

5.64

2023

Upstream vice-presidency

Colombia

GARZAS

Oil

Conventional

Royalties

ANH

Kind

COP

2.18

2023

Upstream vice-presidency

Colombia

GAVAN

Oil

Conventional

Royalties

ANH

Kind

COP

1.43

2023

Upstream vice-presidency

Colombia

GIBRALTAR

Oil

Conventional

Royalties

ANH

Kind

COP

1.57

2023

Upstream vice-presidency

Colombia

GIRASOL

Oil

Conventional

Royalties

ANH

Kind

COP

6.62

2023

Upstream vice-presidency

Colombia

GUATIQUIA

Oil

Conventional

Royalties

ANH

Kind

COP

2.23

2023

Upstream vice-presidency

Colombia

INFANTAS

Oil

Conventional

Royalties

ANH

Kind

COP

18.80

2023


Upstream vice-presidency

Colombia

JAZMIN

Oil

Conventional

Royalties

ANH

Kind

COP

17.65

2023

Upstream vice-presidency

Colombia

LA CIRA

Oil

Conventional

Royalties

ANH

Kind

COP

55.46

2023

Upstream vice-presidency

Colombia

LA JAGUA

Oil

Conventional

Royalties

ANH

Kind

COP

0.31

2023

Upstream vice-presidency

Colombia

LIBERTAD

Oil

Conventional

Royalties

ANH

Kind

COP

0.25

2023

Upstream vice-presidency

Colombia

LIBERTAD NORTE

Oil

Conventional

Royalties

ANH

Kind

COP

0.39

2023

Upstream vice-presidency

Colombia

LISAMA

Oil

Conventional

Royalties

ANH

Kind

COP

2.95

2023

Upstream vice-presidency

Colombia

LLANITO UNIFICADO

Oil

Conventional

Royalties

ANH

Kind

COP

16.80

2023

Upstream vice-presidency

Colombia

LOMA LARGA

Oil

Conventional

Royalties

ANH

Kind

COP

0.74

2023

Upstream vice-presidency

Colombia

Lorito

Oil

Conventional

Royalties

ANH

Kind

COP

0.59

2023

Upstream vice-presidency

Colombia

LORO

Oil

Conventional

Royalties

ANH

Kind

COP

1.15

2023

Upstream vice-presidency

Colombia

MANSOYA

Oil

Conventional

Royalties

ANH

Kind

COP

0.90

2023

Upstream vice-presidency

Colombia

MORICHE

Oil

Conventional

Royalties

ANH

Kind

COP

22.62

2023

Upstream vice-presidency

Colombia

NARE SUR

Oil

Conventional

Royalties

ANH

Kind

COP

1.41

2023

Upstream vice-presidency

Colombia

NUTRIA

Oil

Conventional

Royalties

ANH

Kind

COP

3.98

2023

Upstream vice-presidency

Colombia

ORITO

Oil

Conventional

Royalties

ANH

Kind

COP

8.25

2023

Upstream vice-presidency

Colombia

PACHAQUIARO

Oil

Conventional

Royalties

ANH

Kind

COP

0.39

2023

Upstream vice-presidency

Colombia

PALAGUA

Oil

Conventional

Royalties

ANH

Kind

COP

14.29

2023

Upstream vice-presidency

Colombia

PALERMO - SANTA CLARA UNIFICADO

Oil

Conventional

Royalties

ANH

Kind

COP

3.68

2023

Upstream vice-presidency

Colombia

PALOGRANDE

Oil

Conventional

Royalties

ANH

Kind

COP

4.39

2023

Upstream vice-presidency

Colombia

PAUTO SUR

Oil

Conventional

Royalties

ANH

Kind

COP

48.41

2023

Upstream vice-presidency

Colombia

PAUTO SUR RECETOR

Oil

Conventional

Royalties

ANH

Kind

COP

2.59

2023

Upstream vice-presidency

Colombia

PEÑAS BLANCAS

Oil

Conventional

Royalties

ANH

Kind

COP

3.74

2023

Upstream vice-presidency

Colombia

PROVINCIA

Oil

Conventional

Royalties

ANH

Kind

COP

8.99

2023


Upstream vice-presidency

Colombia

QURIYANA

Oil

Conventional

Royalties

ANH

Kind

COP

1.11

2023

Upstream vice-presidency

Colombia

RECETOR WEST

Oil

Conventional

Royalties

ANH

Kind

COP

0.59

2023

Upstream vice-presidency

Colombia

RIO CEIBAS

Oil

Conventional

Royalties

ANH

Kind

COP

4.91

2023

Upstream vice-presidency

Colombia

RUBIALES

Oil

Conventional

Royalties

ANH

Kind

COP

284.07

2023

Upstream vice-presidency

Colombia

SAN ANTONIO

Oil

Conventional

Royalties

ANH

Kind

COP

0.47

2023

Upstream vice-presidency

Colombia

SAN FRANCISCO

Oil

Conventional

Royalties

ANH

Kind

COP

23.43

2023

Upstream vice-presidency

Colombia

SAN ROQUE

Oil

Conventional

Royalties

ANH

Kind

COP

2.54

2023

Upstream vice-presidency

Colombia

SARDINATA

Oil

Conventional

Royalties

ANH

Kind

COP

0.59

2023

Upstream vice-presidency

Colombia

SAURIO

Oil

Conventional

Royalties

ANH

Kind

COP

0.42

2023

Upstream vice-presidency

Colombia

SUCIO

Oil

Conventional

Royalties

ANH

Kind

COP

0.44

2023

Upstream vice-presidency

Colombia

SUCUMBIOS

Oil

Conventional

Royalties

ANH

Kind

COP

0.84

2023

Upstream vice-presidency

Colombia

SURIA

Oil

Conventional

Royalties

ANH

Kind

COP

6.03

2023

Upstream vice-presidency

Colombia

SURIA SUR

Oil

Conventional

Royalties

ANH

Kind

COP

1.13

2023

Upstream vice-presidency

Colombia

TANANE

Oil

Conventional

Royalties

ANH

Kind

COP

0.11

2023

Upstream vice-presidency

Colombia

TELLO

Oil

Conventional

Royalties

ANH

Kind

COP

10.01

2023

Upstream vice-presidency

Colombia

TEMPRANILLO UNIFICADO

Oil

Conventional

Royalties

ANH

Kind

COP

0.67

2023

Upstream vice-presidency

Colombia

TENAY

Oil

Conventional

Royalties

ANH

Kind

COP

0.71

2023

Upstream vice-presidency

Colombia

TESORO

Oil

Conventional

Royalties

ANH

Kind

COP

1.03

2023

Upstream vice-presidency

Colombia

TIBÚ

Oil

Conventional

Royalties

ANH

Kind

COP

4.12

2023

Upstream vice-presidency

Colombia

TINAMU

Oil

Conventional

Royalties

ANH

Kind

COP

0.34

2023

Upstream vice-presidency

Colombia

TISQUIRAMA

Oil

Conventional

Royalties

ANH

Kind

COP

4.08

2023

Upstream vice-presidency

Colombia

UNDERRIVER

Oil

Conventional

Royalties

ANH

Kind

COP

4.48

2023


Upstream vice-presidency

Colombia

UNIFICADO PALOGRANDE

Oil

Conventional

Royalties

ANH

Kind

COP

4.19

2023

Upstream vice-presidency

Colombia

YAGUARA

Oil

Conventional

Royalties

ANH

Kind

COP

9.90

2023

Upstream vice-presidency

Colombia

YARIGUÍ-CANTAGALLO

Oil

Conventional

Royalties

ANH

Kind

COP

32.49

2023

Upstream vice-presidency

Colombia

Cupiagua

Oil - Gas Natural

Conventional

Control and Follow-up

ANLA

Cash

COP

0.52

2023

Upstream vice-presidency

Colombia

Cusiana

Oil - Gas Natural

Conventional

Control and Follow-up

ANLA

Cash

COP

0.52

2023

Upstream vice-presidency

Colombia

BLOQUE LLA-121

Oil

Conventional

Economic Rights and Technology Transfer

Agencia Nacional de Hidrocarburos

Cash

COP

0.17

2023

Upstream vice-presidency

Colombia

GUAOFF 1

Oil

Conventional

Economic Rights and Technology Transfer

Agencia Nacional de Hidrocarburos

Cash

COP

0.61

2023

Upstream vice-presidency

Colombia

GUAOFF 10

Oil

Conventional

Economic Rights and Technology Transfer

Agencia Nacional de Hidrocarburos

Cash

COP

0.16

2023

Upstream vice-presidency

Colombia

VMM 65

Oil

Conventional

Economic Rights

Agencia Nacional de Hidrocarburos

Cash

COP

0.14

2023

Upstream vice-presidency

Colombia

VMM 14-1

Oil

Conventional

Economic Rights

Agencia Nacional de Hidrocarburos

Cash

COP

0.11

2023

Upstream vice-presidency

Colombia

BLOQUE CPO-9

Oil

Conventional

Economic Rights

Agencia Nacional de Hidrocarburos

Cash

COP

1.99

2023

Upstream vice-presidency

Colombia

Huila and Putumayo Fields

Oil

Conventional

Environmental monitoring ANLA

Fondo Nacional Ambiental

Cash

COP

0.46

2023

Upstream vice-presidency

Colombia

Caño Sur

Oil

Conventional

Economic Right Subsoil Use

ANH

Cash

COP

0.31

2023

Upstream vice-presidency

Colombia

Caño Sur

Oil

Conventional

Economic Right Subsoil Use

ANH

Cash

COP

0.66

2023

Upstream vice-presidency

Colombia

Caño Sur

Oil

Conventional

Payment High Prices PAP December 2022

ANH

Cash

COP

1.68

2023

Upstream vice-presidency

Colombia

Caño Sur

Oil

Conventional

Payment of High Prices PAP in force 2023

ANH

Cash

COP

13.89

2023

Upstream vice-presidency

Colombia

Rubiales

Oil

Conventional

Environmental monitoring ANLA

Fondo Nacional Ambiental (FONAM)

Cash

COP

0.16

2023

Upstream vice-presidency

Colombia

Akacías

Oil

Conventional

Participation Economic Rights

Colombia

Cash

COP

59.73

2023

Upstream vice-presidency

Colombia

Akacías

Oil

Conventional

Economic Right Subsoil Use

Colombia

Cash

COP

0.75

2023

Upstream vice-presidency

Colombia

Vicepresidencia Regional Orinoquía

Oil

Conventional

Agreement with CORMACARENA and the Governor's Office of Meta 2023

Colombia

Cash

COP

0.78

2023


Upstream vice-presidency

Colombia

La Cira Infantas

Oil

Conventional

Environmental Monitoring

ANLA

Cash

COP

0.11

2023

Upstream vice-presidency

Colombia

Tibu

Oil

Conventional

Environmental Monitoring

ANLA

Cash

COP

0.11

2023

Upstream vice-presidency

Colombia

Provincia

Oil

Conventional

Environmental Monitoring

ANLA

Cash

COP

0.16

2023

Note 1: Oil royalties: i) correspond to the fields operated by Ecopetrol S.A., ii) 100% of the royalties of the field paid by Ecopetrol are listed without discriminating the participation of the partners, iii) being payments in kind, official information sent by the National Hydrocarbons Agency (ANH) is included to settle the volumes purchased by Ecopetrol S.A. for each field, through the contract of sale of crude oil for royalties entered into between Ecopetrol S.A. and the ANH.

Note 2: For payments in pesos, the average 2023 exchange rate of COP 4.325 / USD 1.00 was applied.

Upstream Subsidiaries:

Subsidiary
/Vicepresidency

Country of
jurisdiction

Project /
Field

Resource
(Oil /
Natural
Gas)

Method of
Extraction
(if
applicable)

Concept

Government
receiving
payment

Type of
Payment

Currency
of
payment

Value in
USD
Millions
(Exchange
rate: COP
4.325 /
USD 1.00)

Fiscal
Year

Ecopetrol America LLC

United States

Dalmatian

Oil

Primary recovery

Royalties

United States

Cash

USD

1.90

2023

Ecopetrol America LLC

United States

Dalmatian

Natural Gas

Primary recovery

Royalties

United States

Cash

USD

0.52

2023

Ecopetrol America LLC

United States

Esox

Oil

Primary recovery

Royalties

United States

Cash

USD

1.81

2023

Ecopetrol America LLC

United States

Esox

Natural Gas

Primary recovery

Royalties

United States

Cash

USD

0.15

2023

Ecopetrol America LLC

United States

Gunflint

Oil

Primary recovery

Royalties

United States

Cash

USD

7.71

2023

Ecopetrol America LLC

United States

Gunflint

Natural Gas

Primary recovery

Royalties

United States

Cash

USD

0.59

2023

Ecopetrol America LLC

United States

K2

Oil

Primary recovery

Royalties

United States

Cash

USD

4.79

2023

Ecopetrol America LLC

United States

K2

Natural Gas

Primary recovery

Royalties

United States

Cash

USD

0.13

2023

Hocol

Colombia

Hocol

Oil and Natural Gas

NA

Income tax and supplementary taxes

Colombia

Cash

COP

98.06

2023

Hocol

Colombia

Chenche

Oil

NA

Royalties

Colombia

Cash

COP

0.11

2023

Hocol

Colombia

Espinal

Oil

NA

Royalties

Colombia

Cash

COP

0.15

2023

Hocol

Colombia

Ortega

Oil

NA

Royalties

Colombia

Cash

COP

1.09

2023

Hocol

Colombia

Toldado

Oil

NA

Royalties

Colombia

Cash

COP

1.18

2023

Hocol

Colombia

Totare

Oil

NA

Royalties

Colombia

Cash

COP

0.68

2023

Hocol

Colombia

Toy

Oil

NA

Royalties

Colombia

Cash

COP

0.38

2023

Hocol

Colombia

Ocelote

Oil

NA

Royalties and economic rights

Colombia

Cash

COP

4.02

2023

Hocol

Colombia

Guarrojo

Oil

NA

Royalties and economic rights

Colombia

Cash

COP

0.25

2023

Hocol

Colombia

Rio Saldaña

Oil

NA

Royalties

Colombia

Cash

COP

2.41

2023

Hocol

Colombia

Santiago

Oil

NA

Royalties

Colombia

Cash

COP

1.07

2023

Hocol

Colombia

Toqui Toqui

Oil

NA

Royalties

Colombia

Kind

COP

1.86

2023


Hocol

Colombia

Matachin Norte

Oil

NA

Royalties

Colombia

Kind

COP

5,66

2023

Hocol

Colombia

Matachin Sur

Oil

NA

Royalties

Colombia

Kind

COP

0,99

2023

Hocol

Colombia

Purificación

Oil

NA

Royalties

Colombia

Kind

COP

0,55

2023

Hocol

Colombia

La Cañada

Oil

NA

Royalties

Colombia

Kind

COP

2,21

2023

Hocol

Colombia

La Hocha

Oil

NA

Royalties

Colombia

Kind

COP

1,00

2023

Hocol

Colombia

Cicuco

Oil

NA

Royalties

Colombia

Kind

COP

2,80

2023

Hocol

Colombia

Santiago

Oil

NA

Royalties

Colombia

Kind

COP

2,61

2023

Hocol

Colombia

La Punta

Oil

NA

Royalties

Colombia

Kind

COP

0,13

2023

Hocol

Colombia

Santo Domingo

Oil

NA

Royalties

Colombia

Kind

COP

0,75

2023

Hocol

Colombia

Guarrojo

Oil

NA

Royalties

Colombia

Kind

COP

0,76

2023

Hocol

Colombia

Ocelote

Oil

NA

Royalties

Colombia

Kind

COP

14,27

2023

Hocol

Colombia

Pintado

Oil

NA

Royalties

Colombia

Kind

COP

2,21

2023

Hocol

Colombia

Arjona

Gas

NA

Royalties

Colombia

Kind

COP

0,30

2023

Hocol

Colombia

Guajira

Gas

NA

Royalties

Colombia

Kind

COP

18,7

2023

Hocol

Colombia

Toqui Toqui

Gas

NA

Royalties

Colombia

Kind

COP

0,20

2023

Hocol

Colombia

Saman

Gas

NA

Royalties

Colombia

Kind

COP

4,0

2023

Hocol

Colombia

SSJN1

Gas

NA

Royalties

Colombia

Kind

COP

2,40

2023

Hocol

Colombia

VIM8

Gas

NA

Royalties and economic rigths

Colombia

Kind

COP

1,6

2023

Transition Energies:

Subsidiary
/Vicepresidency

Country of
jurisdiction

Project /
Field

Resource
(Oil /
Natural
Gas)

Method of
Extraction
(if
applicable)

Concept

Government
receiving
payment

Type of
Payment

Currency
of
payment

Value in
USD
Millions (Exchange
rate: COP
4.325 /
USD 1.00)

Fiscal
Year

Transition Energies vice-presidency

Colombia

NA

Natural gas and LPG

NA

CREG Special Contribution

Colombia

Cash

USD

0.74

2023

Transition Energies vice-presidency

Colombia

NA

Natural gas

NA

SSPD Special Contribution

Colombia

Cash

USD

1.68

2023

Transition Energies vice-presidency

Colombia

NA

LPG

NA

SSPD Special Contribution

Colombia

Cash

USD

0.26

2023

Transition Energies vice-presidency

Colombia

Ballena

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

3.33

2023

Transition Energies vice-presidency

Colombia

Caipal

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.33

2023

Transition Energies vice-presidency

Colombia

Caño Limón

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.17

2023

Transition Energies vice-presidency

Colombia

Chichimene

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.33

2023

Transition Energies vice-presidency

Colombia

Chucuhpa

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

16.01

2023

Transition Energies vice-presidency

Colombia

Cupiagua

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

26.56

2023

Transition Energies vice-presidency

Colombia

Cupiagua Liria

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

18.05

2023


Transition Energies vice-presidency

Colombia

Cupiagua Sur

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

50.10

2023

Transition Energies vice-presidency

Colombia

Cusiana

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

52.70

2023

Transition Energies vice-presidency

Colombia

Cusiana norte

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

32.76

2023

Transition Energies vice-presidency

Colombia

Dina Cretáceos

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.21

2023

Transition Energies vice-presidency

Colombia

Dina Terciarios

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.43

2023

Transition Energies vice-presidency

Colombia

Floreña

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

1.58

2023

Transition Energies vice-presidency

Colombia

Gibraltar

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

3.36

2023

Transition Energies vice-presidency

Colombia

La Cira

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.30

2023

Transition Energies vice-presidency

Colombia

Lisama

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.49

2023

Transition Energies vice-presidency

Colombia

Llanito Unificado

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.24

2023

Transition Energies vice-presidency

Colombia

Nutria

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.71

2023

Transition Energies vice-presidency

Colombia

Oripaya

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.52

2023

Transition Energies vice-presidency

Colombia

Orito

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.38

2023

Transition Energies vice-presidency

Colombia

Palagua

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.94

2023

Transition Energies vice-presidency

Colombia

Palermo - Santa Clara Unificado

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.13

2023

Transition Energies vice-presidency

Colombia

Palogrande

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.21

2023

Transition Energies vice-presidency

Colombia

Pauto Sur

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

52.33

2023

Transition Energies vice-presidency

Colombia

Payoa

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.84

2023

Transition Energies vice-presidency

Colombia

Peñas Blancas

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.11

2023

Transition Energies vice-presidency

Colombia

Provincia

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

2.08

2023

Transition Energies vice-presidency

Colombia

Recetor West

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.33

2023

Transition Energies vice-presidency

Colombia

Salina

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.12

2023

Transition Energies vice-presidency

Colombia

San Francisco

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.10

2023

Transition Energies vice-presidency

Colombia

San Roque

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.18

2023

Transition Energies vice-presidency

Colombia

Suria

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.25

2023

Transition Energies vice-presidency

Colombia

Tello

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.34

2023

Transition Energies vice-presidency

Colombia

Tenay

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.47

2023


Transition Energies vice-presidency

Colombia

Tesoro

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.27

2023

Transition Energies vice-presidency

Colombia

Tibú

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.22

2023

Transition Energies vice-presidency

Colombia

Tisquirama

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.16

2023

Transition Energies vice-presidency

Colombia

Yaguara

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.16

2023

Transition Energies vice-presidency

Colombia

Yariguí-Cantagallo

Natural gas

Conventional

Gas royalties

Colombia

Cash

COP

0.28

2023

Transportation:

Subsidiary
/Vicepresidency

Country of
jurisdiction

Project /
Field

Resource
(Oil /
Natural
Gas)

Method of
Extraction
(if
applicable)

Concept

Government
receiving
payment

Type of
Payment

Currency
of
payment

Value in
USD
Millions
(Exchange
rate: COP
4.325 /
USD 1.00)

Fiscal
Year

OBC

Colombia

OBC

Oil

NA

Transport tax

Colombia

Cash

COP

0.85

2023

OBC

Colombia

OBC

Oil

NA

Income Tax

Colombia

Cash

COP

19.83

2023

ODL

Colombia

ODL

Oil

NA

Transport tax

Colombia

Cash

COP

6.10

2023

ODL

Colombia

ODL

Oil

NA

Income Tax

Colombia

Cash

COP

62.04

2023

ODC

Colombia

ODC

Oil

NA

Transport tax

Colombia

Cash

COP

3.19

2023

ODC

Colombia

ODC

Oil

NA

Income Tax

Colombia

Cash

COP

57.65

2023

OCENSA

Colombia

OCENSA

Oil

NA

Transport tax

Colombia

Cash

COP

26.58

2023

OCENSA

Colombia

OCENSA

Oil

NA

Income Tax

Colombia

Cash

COP

397.38

2023

OCENSA

Colombia

OCENSA

Oil

NA

Port Consideration

Colombia

Cash

COP

3.00

2023

CENIT

Colombia

CENIT

Oil

NA

Transport tax

Colombia

Cash

COP

17.54

2023

CENIT

Colombia

CENIT

Oil

NA

Income Tax

Colombia

Cash

COP

253.68

2023

CENIT

Colombia

CENIT

Oil

NA

Port Consideration

Colombia

Cash

COP

1.37

2023

Corporate:

Subsidiary
/Vicepresidency

Country of
jurisdiction

Project
/Field

Resource
(Oil /
Natural
Gas)

Method of
Extraction
(if
applicable)

Concept

Government
receiving
payment

Type of
Payment

Currency
of
payment

Value in
USD
Millions
(Exchange
rate: COP 4.325 /
USD 1.00)

Fiscal
Year

Ecopetrol S.A.

Colombia

NA

NA

NA

Income tax

Colombia

Cash

COP

1.06

2023

Ecopetrol S.A.

Colombia

NA

NA

NA

Self-withholdings

Colombia

Cash

COP

1,846.91

2023

Ecopetrol S.A.

Colombia

NA

NA

NA

Carbon tax

Colombia

Cash

COP

0.91

2023

Ecopetrol S.A.

Colombia

NA

NA

NA

Third-party carbon tax

Colombia

Cash

COP

100.70

2023


Commercial Subsidiaries:

Subsidiary
/Vicepresidency

Country of
jurisdiction

Project
/Field

Resource
(Oil /
Natural
Gas)

Method of
Extraction
(if
applicable)

Concept

Government
receiving
payment

Type of
Payment

Currency
of
payment

Value in
USD
Millions
(Exchange
rate: COP 4.325 /
USD 1.00)

Fiscal
Year

Ecopetrol Trading Asia

Singapur

NA

Oil

NA

Income tax

Singapur

Cash

COP

9.54

2023


v3.24.3
Document Information
12 Months Ended
Dec. 31, 2023
Document Information:  
Document Type 2.01 SD
Amendment false
CIK 0001444406
Registrant Name ECOPETROL S.A.
Period End Date Dec. 31, 2023
Reporting Currency USD
v3.24.3
Payments, by Category - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands
Upstream
Ecopetrol America LLC
Hocol
Transition Energies
OBC
ODL
ODC
OCENSA
CENIT
Ecopetrol S.A.
Ecopetrol Trading Asia
Payments:                      
Taxes     $ 98,060   $ 20,680 $ 60,840 $ 68,140 $ 423,960 $ 271,220 $ 102,670 $ 9,540
Royalties $ 1,121,090 $ 17,600 74,340 $ 268,080              
Fees 1,040                 1,846,910  
Prod. Entitlements 65,410                    
Bonuses 15,570                    
Infrastructure       2,680       3,000 1,370    
Comm. Social Resp. 1,000                    
Total Payments $ 1,204,110 $ 17,600 $ 172,400 $ 270,760 $ 20,680 $ 60,840 $ 68,140 $ 426,960 $ 272,590 $ 1,949,580 $ 9,540
v3.24.3
Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands
Taxes
Royalties
Fees
Prod. Entitlements
Bonuses
Infrastructure
Comm. Social Resp.
Total Payments
Upstream                
Total   $ 1,121,090 $ 1,040 $ 65,410 $ 15,570   $ 1,000 $ 1,204,110
Upstream | ABARCO                
Total   6,540           6,540
Upstream | ACAE SAN MIGUEL                
Total   2,350           2,350
Upstream | AKACIAS                
Total   25,890   60,480       86,370
Upstream | APIAY                
Total   3,020           3,020
Upstream | APIAY ESTE                
Total   840           840
Upstream | AREA TECA-COCORNA                
Total   5,490           5,490
Upstream | ARRAYAN                
Total   550           550
Upstream | AULLADOR                
Total   700           700
Upstream | AUSTRAL                
Total   500           500
Upstream | BALCON                
Total   4,980           4,980
Upstream | BONANZA                
Total   3,630           3,630
Upstream | BRISAS                
Total   830           830
Upstream | CAIPAL                
Total   2,100           2,100
Upstream | CANO SUR ESTE                
Total   48,890           48,890
Upstream | CARIBE                
Total   2,800           2,800
Upstream | CASABE                
Total   23,170           23,170
Upstream | CASABE SUR                
Total   4,300           4,300
Upstream | CASTILLA                
Total   111,350           111,350
Upstream | CASTILLA ESTE                
Total   310           310
Upstream | CASTILLA NORTE                
Total   68,420           68,420
Upstream | CHICHIMENE                
Total   60,960           60,960
Upstream | CHICHIMENE SW                
Total   26,670           26,670
Upstream | CHURUYACO                
Total   220           220
Upstream | CRISTALINA                
Total   750           750
Upstream | CUPIAGUA                
Total   16,600 520         17,120
Upstream | CUPIAGUA LIRIA                
Total   9,620           9,620
Upstream | CUPIAGUA SUR                
Total   2,860           2,860
Upstream | CUSIANA                
Total   6,420 520         6,940
Upstream | CUSIANA NORTE                
Total   1,600           1,600
Upstream | DINA CRETACEOS                
Total   1,650           1,650
Upstream | DINA NORTE                
Total   560           560
Upstream | DINA TERCIARIOS                
Total   13,520           13,520
Upstream | FLAMENCOS                
Total   1,490           1,490
Upstream | FLORENA                
Total   4,410           4,410
Upstream | FLORENA MIRADOR                
Total   5,640           5,640
Upstream | GARZAS                
Total   2,180           2,180
Upstream | GAVAN                
Total   1,430           1,430
Upstream | GIBRALTAR                
Total   1,570           1,570
Upstream | GIRASOL                
Total   6,620           6,620
Upstream | GUATIQUIA                
Total   2,230           2,230
Upstream | INFANTAS                
Total   18,800           18,800
Upstream | JAZMIN                
Total   17,650           17,650
Upstream | LA CIRA                
Total   55,460           55,460
Upstream | LA JAGUA                
Total   310           310
Upstream | LIBERTAD                
Total   250           250
Upstream | LIBERTAD NORTE                
Total   390           390
Upstream | LISAMA                
Total   2,950           2,950
Upstream | LLANITO UNIFICADO                
Total   16,800           16,800
Upstream | LOMA LARGA                
Total   740           740
Upstream | Lorito                
Total   590           590
Upstream | LORO                
Total   1,150           1,150
Upstream | MANSOYA                
Total   900           900
Upstream | MORICHE                
Total   22,620           22,620
Upstream | NARE SUR                
Total   1,410           1,410
Upstream | NUTRIA                
Total   3,980           3,980
Upstream | ORITO                
Total   8,250           8,250
Upstream | PACHAQUIARO                
Total   390           390
Upstream | PALAGUA                
Total   14,290           14,290
Upstream | PALERMO - SANTA CLARA UNIFICADO                
Total   3,680           3,680
Upstream | PALOGRANDE                
Total   4,390           4,390
Upstream | PAUTO SUR                
Total   48,410           48,410
Upstream | PAUTO SUR RECETOR                
Total   2,590           2,590
Upstream | PENAS BLANCAS                
Total   3,740           3,740
Upstream | PROVINCIA                
Total   8,990         160 9,150
Upstream | QURIYANA                
Total   1,110           1,110
Upstream | RECETOR WEST                
Total   590           590
Upstream | RIO CEIBAS                
Total   4,910           4,910
Upstream | RUBIALES                
Total   284,070         160 284,230
Upstream | SAN ANTONIO                
Total   470           470
Upstream | SAN FRANCISCO                
Total   23,430           23,430
Upstream | SAN ROQUE                
Total   2,540           2,540
Upstream | SARDINATA                
Total   590           590
Upstream | SAURIO                
Total   420           420
Upstream | SUCIO                
Total   440           440
Upstream | SUCUMBIOS                
Total   840           840
Upstream | SURIA                
Total   6,030           6,030
Upstream | SURIA SUR                
Total   1,130           1,130
Upstream | TANANE                
Total   110           110
Upstream | TELLO                
Total   10,010           10,010
Upstream | TEMPRANILLO UNIFICADO                
Total   670           670
Upstream | TENAY                
Total   710           710
Upstream | TESORO                
Total   1,030           1,030
Upstream | TIBU                
Total   4,120         110 4,230
Upstream | TINAMU                
Total   340           340
Upstream | TISQUIRAMA                
Total   4,080           4,080
Upstream | UNDERRIVER                
Total   4,480           4,480
Upstream | UNIFICADO PALOGRANDE                
Total   4,190           4,190
Upstream | YAGUARA                
Total   9,900           9,900
Upstream | YARIGUI-CANTAGALLO                
Total   32,490           32,490
Upstream | BLOQUE LLA-121                
Total       170       170
Upstream | GUAOFF 1                
Total       610       610
Upstream | GUAOFF 10                
Total       160       160
Upstream | VMM 65                
Total       140       140
Upstream | VMM 14-1                
Total       110       110
Upstream | BLOQUE CPO-9                
Total       1,990       1,990
Upstream | Huila and Putumayo Fields                
Total             460 460
Upstream | Cano Sur                
Total       970 $ 15,570     16,540
Upstream | Vicepresidencia Regional OrinoquIa                
Total       $ 780       780
Upstream | La Cira Infantas                
Total             $ 110 110
Ecopetrol America LLC                
Total   17,600           17,600
Ecopetrol America LLC | Dalmatian                
Total   2,420           2,420
Ecopetrol America LLC | Esox                
Total   1,960           1,960
Ecopetrol America LLC | Gunflint                
Total   8,300           8,300
Ecopetrol America LLC | K2                
Total   4,920           4,920
Hocol                
Total $ 98,060 74,340           172,400
Hocol | Hocol                
Total 98,060             98,060
Hocol | Chenche                
Total   110           110
Hocol | Espinal                
Total   150           150
Hocol | Ortega                
Total   1,090           1,090
Hocol | Toldado                
Total   1,180           1,180
Hocol | Totare                
Total   680           680
Hocol | Toy                
Total   380           380
Hocol | Ocelote                
Total   18,290           18,290
Hocol | Guarrojo                
Total   1,010           1,010
Hocol | Rio Saldana                
Total   2,410           2,410
Hocol | Santiago                
Total   3,680           3,680
Hocol | Toqui Toqui                
Total   2,060           2,060
Hocol | Matachin Norte                
Total   5,660           5,660
Hocol | Matachin Sur                
Total   990           990
Hocol | Purificacion                
Total   550           550
Hocol | La Canada                
Total   2,210           2,210
Hocol | La Hocha                
Total   1,000           1,000
Hocol | Cicuco                
Total   2,800           2,800
Hocol | La Punta                
Total   130           130
Hocol | Santo Domingo                
Total   750           750
Hocol | Pintado                
Total   2,210           2,210