Asset Report

Block 43 (ITT)

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19 June 2017

Block 43 (ITT)

Report summary

The Ishpingo, Tiputini and Tambococha heavy oil fields, commonly referred to as ITT, are situated in the Napo province in and to the north of the Yasuní National Park. The ITT complex is one of the Ecuador's largest accumulations of oil. The heavy oil, remote location, and environmental sensitivities all present technical challenges. Development began in 2016 at Tiputini, and Tambococha is expected to begin production in late 2017.

Table of contents

  • Key facts
    • Summary
    • Key issues
    • Environmental sensitivities
    • Uncertainty around Ishpingo development
  • Location maps
    • Historic
    • Regional setting
    • Reservoir
  • Well data
  • Exploration
  • Reserves and resources
  • Production
    • Environmental regulation
    • Facilities
    • Wells
  • Infrastructure
    • Capital costs
    • Operating costs
  • Sales contracts
    • Current
    • Historic
      • Association contract
      • Mixed-economy contract
      • Specific service contract
    • Cash flow
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Global Economic Model (GEM) file
  • Economic analysis

Tables and charts

This report includes 21 images and tables including:

  • Key facts: Table 1
  • Index Map
  • Detail Map
  • Participation: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Production: Table 1
  • Production: Table 2
  • Cash flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2018
  • Remaining Revenue Distribution (Discounted at 10% from 01/01/2018)
  • Remaining PV Price Sensitivities
  • Geology: Table 1
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3

What's included

This report contains:

  • Document

    Block 43 (ITT)

    PDF 5.99 MB

  • Document

    Block 43 (ITT)

    XLS 566.50 KB

  • Document

    Block 43 (ITT)

    ZIP 6.47 MB

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