Insight
Back in the game – results of Ecuador's Intracampos Round
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Under more attractive contract terms, Ecuador Intracampos Round was a success. Attracted by lowers investment requirements and government incentives, the small-mid cap companies dominated the round. New entrants and local players are expected to commit four times the investment seen since 2013. Smaller scale projects are positioned for strong returns and even better breakevens. Could it be the start of a new beginning for the country?
Table of contents
- Executive Summary
- Most of the awarded blocks saw competitive bidding
- Winners could realize double-digit returns
- Latin America E&Ps seize opportunity in Ecuador
- Further licensing rounds could offer up to 22 open areas
Tables and charts
This report includes the following images and tables:
- Seven of eight blocks awarded
- Gran Tierra wins most of acreage, while Frontera-Geopark wins the largest prospective volumes
- Maximum government production share and 27 exploration wells committed
- Strong bidding signals confidence of the new contract terms
- Comparison of a 5 mmbbl oil field across Latin America onshore regimes
- Latin America focused companies look to diversify their portfolio
What's included
This report contains:
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