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Ecopetrol (Ecopetrol) Buildings And Improvements

: $0 Mil (As of Sep. 2023)
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Ecopetrol's quarterly buildings and improvements increased from Dec. 2022 ($3,219 Mil) to Mar. 2023 ($3,528 Mil) but then declined from Mar. 2023 ($3,528 Mil) to Sep. 2023 ($0 Mil).

Ecopetrol's annual buildings and improvements increased from Dec. 2020 ($2,360 Mil) to Dec. 2021 ($2,451 Mil) and increased from Dec. 2021 ($2,451 Mil) to Dec. 2022 ($3,219 Mil).


Ecopetrol Buildings And Improvements Historical Data

The historical data trend for Ecopetrol's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ecopetrol Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,323.63 2,360.43 2,451.09 3,219.33 -

Ecopetrol Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Buildings And Improvements Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,071.60 3,219.33 3,527.84 - -

Ecopetrol Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Ecopetrol (Ecopetrol) Business Description

Industry
Address
Carrera 13 No. 36 - 24, Main Building, Bogota, COL
Ecopetrol SA is a vertically integrated oil company with operations in Latin America and the United States Gulf Coast. Based out of Colombia, the company explores, develops, and conducts production activities in various countries. Ecopetrol works as the primary operator or partner in a joint venture, in a host of assets held onshore and offshore. Along with production, the company refines and markets crude oils and byproducts produced from its fields. Crude products are moved by Ecopetrol through a series of pipelines throughout Colombia, along with a network of third-party production centers and facilities.