Country report
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10 Pages

Ecuador oil supply summary

Ecuador oil supply summary

Report summary

Ecuador is Latin America’s 5th largest oil/NGL producer and has increased production steadily in recent years, to average 557,000 b/d in 2014. Enhanced oil recovery from mature assets has been successful in lifting output, however it will become increasingly difficult to offset underlying field declines owing to the maturity of the country's fields, a lack of exploration activity and paucity of new discoveries. Total liquids production capacity is forecast to fall to 340,000 b/d in 2020.

What's included?

This report includes 1 file(s)

  • Ecuador oil supply summary PDF - 813.89 KB 10 Pages, 3 Tables, 6 Figures


Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream supply issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream supply report is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Supply
    • Risk and uncertainties
      • Risks to supply
    • Supply overview
    • Commercial developments
    • Reserves growth
    • Other discoveries
    • Yet-to-find
  • Infrastructure
  • Quality
    • Marketed crude streams
    • Crude quality outlook
      • Annual crude quality distribution

In this report there are 9 tables or charts, including:

  • Executive summary
    • Oil/NGL production outlook and world ranking
  • Supply
    • Supply: Image 1
    • Overall Oil/NGL production outlook to 2035*
    • Supply: Table 1
    • Supply: Table 2
  • Infrastructure
    • Main oil/NGL infrastructure map
  • Quality
    • Key crude streams and characteristics in 2015
    • Marketed crude streams
    • Quality: Image 2
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