Country Report

Ecuador upstream summary

Get this report

$5,400

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQ's about online orders
- Find out more about subscriptions

22 June 2017

Ecuador upstream summary

Report summary

Ecuador has been an oil producer since 1917. Gas production has historically been minimal. The heart of the country's oil industry is the Oriente basin, east of the Andes Mountains. Very minor quantities of oil are produced in the coastal areas, and the only sales gas is produced offshore of the southwest coast of the country.Ecuador has been a tough environment for investors over the years. At times the country has been relatively open to private investment, while at others it has been ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
    • Oriente basin
    • Stratigraphy
      • The Hollin formation
      • The Napo formation
      • The Tena formation
    • Petroleum system
      • Reservoir rocks
      • Source rocks
      • Seals
    • Coastal basins
    • Stratigraphy
    • Licensing
    • Standard licensing
    • 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
    • Liquids
    • Sales gas
    • Liquids
    • Gas
    • Oil infrastructure
    • Domestic pipelines
      • Sistema Oleoducto Transecuatoriano (SOTE)
      • Oleoducto de Crudos Pesados (OCP)
    • International pipelines
    • Oil refineries
      • Refineria del Pacifico
    • Gas infrastructure
      • LPG Pipeline
    • Key legislation
    • Regulatory body
    • State oil company
    • History
    • State participation
    • Licensing
      • Service contract (2011)
      • The contract migration process
    • History
      • Participation contract (1993)
      • Marginal field contract (1993)
      • Service contract (1982)
      • Association contract (1971)
      • Concession contract (1937)
    • 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)
      • Labour participation tax
      • Corporate income tax
      • Fiscal treatment of decommissioning costs
      • Product pricing
      • Summary of modelled terms
    • Sample cash flow
    • Service contract
      • Basis
      • Government equity participation
      • Fiscal terms
      • Bonuses, rentals and fees
      • Royalty (Levies)
      • Service fee
      • Contributions
      • Technology tax
      • Labour participation tax
      • Corporate income tax
      • Fiscal treatment of decommissioning costs
      • Product pricing
      • Summary of modelled terms
    • Sample cash flow
      • Methodology
    • Active legacy terms
    • Service contract
      • Service fee
    • Historical background
    • Historical tax rates
      • Corporate income tax
      • Environmental tax
    • Association contract (2004)
    • Marginal field contract (1993)
    • Participation contract (1993)
      • Bonuses, rentals and fees
      • Production taxes
      • Cost recovery
      • Profit oil
      • Additional profits taxes
      • Corporate income tax
      • Indirect taxes
      • Fiscal or Contractual ring-fences
      • Dividend withholding tax
      • Other taxes
      • Product pricing
    • Service contract (1982)
      • Bonuses, rentals and fees
      • Production taxes
      • Indirect taxes
      • Service fee
      • Corporate income tax
    • Association contract (1971)
    • Concession contract (1937)

Tables and charts

This report includes 39 images and tables including:

  • Key facts: Table 1
  • Country Map
  • Remaining Commercial and Technical Reserves at 01/01/2019
  • Liquids and Gas Production 2019
  • Net Acreage 2019
  • Exploration: Table 1
  • Exploration: Table 2
  • Exploration Drilling
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Liquids Production
  • Production: Table 3
  • Production: Table 4
  • Gas Production
  • Infrastructure: Table 1
  • Fiscal terms: Table 5
  • Fiscal terms: Table 9
  • Fiscal terms: Table 13
  • Oriente Basin Stratigraphic Column
  • Exploration: Table 3
  • Infrastructure: Table 2
  • Infrastructure: Table 3
  • Infrastructure Map
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2
  • Fiscal terms: Table 3
  • Fiscal terms: Table 4
  • Fiscal terms: Table 6
  • Fiscal terms: Table 7
  • Fiscal terms: Table 8
  • Fiscal terms: Table 10
  • Fiscal terms: Table 11
  • Fiscal terms: Table 12
  • Fiscal terms: Table 14
  • Fiscal terms: Table 15
  • Fiscal terms: Table 16
  • Fiscal terms: Table 17
  • Fiscal terms: Table 18

What's included

This report contains:

  • Document

    Country Overview

    PDF 11.39 MB

  • Document

    Country Overview

    XLS 1.26 MB

  • Document

    Country Overview

    ZIP 12.48 MB

  • Document

    Executive summary

    PDF 679.83 KB

  • Document

    Key facts

    PDF 684.65 KB

  • Document

    Location maps

    PDF 5.29 MB

  • Document

    Key companies

    PDF 714.71 KB

  • Document

    Geology

    PDF 728.91 KB

  • Document

    Exploration

    PDF 739.15 KB

  • Document

    Reserves and resources

    PDF 708.29 KB

  • Document

    Production

    PDF 733.81 KB

  • Document

    Infrastructure

    PDF 6.53 MB

  • Document

    Policy and regulation

    PDF 723.17 KB

  • Document

    Fiscal terms

    PDF 831.05 KB

Trusted by leading organisations