TravelTill

Economy of Puerto Boyaca


JuteVilla
lang="EN-US">Fishing is a traditional activity that takes place throughout the year as part of the subsistence economy for the fishermen of the Magdalena, Black, and Hermit Guaguaqui marsh of Palagua rivers. The subienda is a time of abundance between December and February each year. There are also 345 tanks of which 120 are used for fattening fish like Pacu , tilapia and red tilapia and bocachico .

Agriculture

There are crops of bananas , cacao , cassava , corn , citrus and papaya .

Oil

In the land holdings have been made ​​by the Texas Petroleum Company , which began drilling in 1940 in the area of Puerto Child in 1968 and 146 wells had been drilled. Ecopetrol was linked to the operation in November 1986, in production fields and Caipal Palagua, former concession of Texas, by mechanical pumping system. The firm Omimex Colombia announced in 2004 that will extract oil from beneath the Magdalena River in the field called Under River, with which he hoped to increase local production of 17 thousand barrels per day to 26,500.