Report summaryPungarayacu is the largest oil field in Ecuador and one of the largest undeveloped resources in Latin America with an estimated best case OOIP of 12 billion barrels. It is an extra-heavy oil field in the western part of the Oriente Basin. Although Petroecuador discovered the field in 1980, development has yet to take place due to the technical challenges associated with producing and transporting extra-heavy oil. When the field was first discovered, global oil prices made any development ...
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- Block 20 (Pungarayacu) PDF - 490.59 KB 8 Pages, 5 Tables, 2 Figures
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