Country Report
Ecuador upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
We have completed a full update of our Ecuador coverage with robust quality checks for historical production, drilling schedules, reserves and investment commitments at the field, company and country levels. This update includes a detailed review of each asset's production profile and drilling activity. We based our production profiles on reported 2P reserves by PetroEcuador and AIHE (Asociación de la Industria Hidrocarburífera del Ecuador) and used statistical analysis to ...
Table of contents
- Executive summary
- Key facts
- Location maps
-
Key companies
- Petroecuador
- Consortiums with service companies
- International oil companies
- Newcomers
-
Geology
- Introduction
- Oriente basin
-
Stratigraphy
- The Hollin formation
- The Napo formation
- The Tena formation
-
Petroleum system
- Reservoir rocks
- Source rocks
- Seals
- Coastal basins
- Stratigraphy
-
Exploration
- Licensing
- Intracampos Round
- Suroriente Round
- Marginal fields licensing
-
Mature fields licensing
- Incremental production projects
- Central fields round
- Strategic operating alliances
- Petroamazonas mature fields integrated service contracts
-
Drilling
- Drilling activity
- Exploration in coastal areas
- Exploration in the Oriente basin
-
Reserves and resources
- Liquids
- Sales gas
-
Production
-
Liquids
- Future liquids production
- Historical liquids production
- Gas
-
Liquids
-
Infrastructure
- Oil infrastructure
-
Domestic pipelines
- Sistema Oleoducto Transecuatoriano (SOTE)
- Oleoducto de Crudos Pesados (OCP)
- International pipelines
-
Oil refineries
- Refineria del Pacifico cancelled
-
Gas infrastructure
- LPG Pipeline
-
Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
-
Fiscal terms
- Overview
- Upstream
- Midstream
- Current fiscal terms
-
Production sharing contract (Contrato de participación)
- Basis
- Government equity participation
- Fiscal terms
- Bonuses, rentals and fees
- Royalty
- PSC production sharing
- Environmental tax (ECORAE)
- Substitutive tax (Ley 40)
- 5 more item(s)...
- Sample cash flow
-
Service contract
- Basis
- Government equity participation
- Fiscal terms
- Bonuses, rentals and fees
- Royalty (Levies)
- Service fee
- Contributions
- Technology tax
- 5 more item(s)...
-
Sample cash flow
- Methodology
- 10 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Country Map
- Reserves and contingent resources at 01/01/2025
- Liquids and Gas Production 2021
- Net Acreage 2025
- Exploration: Table 1
- Exploration: Table 2
- Exploration Drilling
- Reserves and resources: Table 1
- Production: Table 3
- Production: Table 4
- Gas Production
- 29 more item(s)...
What's included
This report contains:
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