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Quotation Estimate Petroleum Engineer in Colombia Medellín –Free Word Template Download with AI

Calle 43 # 43A-15, Of. 902, El Poblado

Medellín, Antioquia, Colombia

Tel: +57 (604) 444 5566 | Email: [email protected]

NIT: 900.123.456-7 | RUT: 9001234567

Quotation Estimate

Quotation Details

Quotation No.: QTE-2025-00487

Date of Issue: June 12, 2025

Valid Until: July 12, 2025 (30 calendar days)

Project Location: Colombia Medellín and surrounding Antioquia basin

Currency: Colombian Peso (COP) / USD

Client Information

Company: Pacifico Oil & Gas Exploration S.A.

Attn: Ing. Carlos Mendoza, VP of Operations

Address: Av. La Playa # 25-180, Medellín, Colombia

Contact: +57 (604) 333 7788

Email: [email protected]

1. Scope of Work – Petroleum Engineer Services in Colombia Medellín

This Quotation Estimate is issued by Andes Energy Solutions S.A.S. to provide comprehensive Petroleum Engineer consulting and technical services for the exploration and production operations of Pacifico Oil & Gas Exploration S.A. The scope encompasses reservoir characterization, well performance analysis, production optimization, and technical due diligence for the client's active assets located in the Antioquia sedimentary basin, with the primary operational hub situated in Colombia Medellín. All deliverables will comply with ANH (Agencia Nacional de Hidrocarburos) regulatory standards and Colombian National Petroleum Code (Ley 1753 de 2015).

2. Line Items and Pricing
No. Description of Petroleum Engineer Service Unit Qty Unit Price (COP) Total (COP)
1 Petroleum Engineer – Reservoir Characterization & Static Modeling (3D geological model, petrophysical analysis, relative permeability curves) for the La Cima field, Antioquia Lot 1 48,500,000 48,500,000
2 Petroleum Engineer – Dynamic Reservoir Simulation (black-oil and compositional models, 5-year forecast, sensitivity analysis) with on-site data collection in Colombia Medellín Lot 1 62,000,000 62,000,000
3 Petroleum Engineer – Well Performance & Nodal Analysis for 12 producing wells (inflow/outflow performance, artificial lift optimization, choke sizing) Well 12 3,800,000 45,600,000
4 Petroleum Engineer – Production Optimization & Decline Curve Analysis (monthly reporting, water cut management, gas-oil ratio monitoring) – 12-month engagement Month 12 7,200,000 86,400,000
5 Petroleum Engineer – Technical Due Diligence Report for 3 prospective blocks in the Antioquia basin (risk assessment, resource estimation per SPE/WPC/PRB standards) Block 3 18,500,000 55,500,000
6 Petroleum Engineer – ANH Regulatory Compliance & Work Plan Review (Plan de Trabajo y Presupuesto, environmental permits coordination in Colombia Medellín) Lot 1 12,800,000 12,800,000
7 Petroleum Engineer – On-site Field Supervision & Well Testing (DST interpretation, pressure buildup analysis, flow rate verification) – 4 field visits Visit 4 9,500,000 38,000,000
8 Petroleum Engineer – Training & Knowledge Transfer Workshop for client staff (reservoir engineering fundamentals, simulation software, 2-day program in Medellín) Lot 1 15,000,000 15,000,000
Subtotal364,800,000
IVA (19% – Colombian Value Added Tax)69,312,000
GRAND TOTAL (COP)434,112,000
GRAND TOTAL (USD – approx. at 3,950 COP/USD)USD 109,902
Note: All prices in this Quotation Estimate are firm for 30 calendar days from the date of issue. The USD conversion is provided for reference only; the binding currency for invoicing is Colombian Peso (COP). Travel, lodging, and per diem for field visits in the Antioquia basin are included in the unit prices. Any scope change exceeding 10% of the original Petroleum Engineer deliverables will require a revised Quotation Estimate. 3. Project Timeline
PhaseActivityDurationStartCompletion
Phase 1Reservoir Characterization & Static Modeling6 weeksJuly 1, 2025Aug 11, 2025
Phase 2Dynamic Simulation & Well Performance Analysis8 weeksAug 12, 2025Oct 6, 2025
Phase 3Production Optimization (12-month rolling)12 monthsOct 7, 2025Oct 6, 2026
Phase 4Due Diligence & Regulatory Compliance6 weeksOct 7, 2025Nov 17, 2025
Phase 5Training Workshop & Final Reporting2 weeksNov 18, 2025Dec 1, 2025
4. Terms and Conditions
  1. This Quotation Estimate is a non-binding offer until formally accepted in writing by the client. Upon acceptance, it becomes a binding contract governed by the Commercial Code of Colombia.
  2. Payment terms: 30% advance upon contract signing, 40% upon completion of Phase 2 deliverables, and 30% upon final acceptance of all Petroleum Engineer reports. Invoices are payable within 15 business days via bank transfer to the account specified in the contract.
  3. All Petroleum Engineer deliverables will be submitted in both digital (PDF, Excel, simulation files) and hard-copy format (3 copies) to the client's office in Colombia Medellín.
  4. Andes Energy Solutions S.A.S. guarantees that all Petroleum Engineer personnel assigned to this project hold a minimum of 10 years of relevant experience and are registered with the Colombian professional regulatory body (Cámara Colombiana de Ingenieros).
  5. Confidentiality: All data, models, and reports generated under this Quotation Estimate are the exclusive property of the client. A mutual Non-Disclosure Agreement (NDA) must be executed prior to data exchange.
  6. Force Majeure: Neither party shall be liable for delays caused by events beyond reasonable control, including but not limited to natural disasters, government sanctions, or ANH regulatory moratoriums affecting operations in Colombia Medellín.
  7. Disputes arising from this Quotation Estimate shall be resolved through arbitration in Medellín, Antioquia, in accordance with the rules of the Centro de Arbitraje y Conciliación de la Cámara de Comercio de Medellín.
  8. This Quotation Estimate does not include costs for third-party laboratory analyses, seismic data acquisition, or equipment procurement unless explicitly stated in a supplementary addendum.
5. Acceptance

By signing below, the client acknowledges and accepts this Quotation Estimate for Petroleum Engineer services in Colombia Medellín, agreeing to all terms, conditions, pricing, and timelines outlined herein.

For Andes Energy Solutions S.A.S.

Ing. Laura Restrepo, M.Sc. Petroleum Engineering

Technical Director

Signature: ___________________________

Date: ___________________________

For Pacifico Oil & Gas Exploration S.A.

Ing. Carlos Mendoza

VP of Operations

Signature: ___________________________

Date: ___________________________

— End of Quotation Estimate QTE-2025-00487 —

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