Asset Report

Ecuador Oriente exploration basin

Get this report


You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

- FAQ's about online orders
- Find out more about subscriptions

31 December 2018

Ecuador Oriente exploration basin

Report summary

Ecuador's Oriente basin has seen a long history of exploration and international investment. However in 2011 the Ecuadorian Government forced the introduction of a new Service Contract, based on a fixed fee per barrel of production in return for the contractor retaining responsibility for all costs. These fiscal terms offer little incentive for exploration as there is no upside available from higher prices or lower costs. Moreover, at low oil prices contractors are at risk of receiving a lower fee per barrel produced. 

Table of contents

Tables and charts

This report includes 35 images and tables including:

  • Key play data
  • Assumptions
  • Key facts: Table 3
  • Value creation versus investment (TYP period)
  • Value creation versus investment (outlook)
  • Exploration wells by play
  • Licensed exploration acreage
  • Expiry forecast of current licences
  • Summary of discovery and development costs
  • Exploration and appraisal spend
  • Exploration spend per well an average well depth
  • TYP value creation, exploration spend and volume discovered
  • Outlook value creation, spend and Prospective resource volume
  • Commerciality index
  • Geology: Table 1
  • Drilling activity by well type
  • Cumulative exploration wells by play
  • Discoveries and success rates
  • Discoveries by license year and drilling year
  • Basin creaming curve
  • Key basin data
  • Reserves and resources: Table 2
  • Top discoveries (2008-2017)
  • Forecast data by play (2018-2035)
  • Cretaceous Heavy Oil
  • Reserves and resources: Table 5
  • Cretaceous Heavy Oil
  • Typical fiscal terms
  • Full-cycle economic analysis
  • Cretaceous Heavy Oil
  • Development value of potential discoveries
  • Unit value of potential discoveries
  • Economic analysis: Table 1
  • Cretaceous Heavy Oil
  • Average value of future discoveries and implied acreage value

What's included

This report contains:

  • Document


    ZIP 3.57 MB

  • Document

    Ecuador Oriente exploration basin

    PDF 6.60 MB

  • Document

    Ecuador Oriente exploration basin

    ZIP 10.06 MB

Trusted by leading organisations