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

17 April 2019

Ecuador upstream summary

Report summary

Further upside potential - Ecuador has been an oil producer since 1917. Gas production has historically been minimal and the only sales gas is produced offshore of the southwest coast of the country. The heart of the country's oil industry is the Oriente basin, east of the Andes Mountains. The basin currently produces around 560k b/d and helps pushing the country to the 5th place in terms of production when compared to the other South America producers. Upside potential does exist in ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
    • Petroamazonas and Petroecuador
    • Consortiums with service companies
    • International oil companies
    • Newcomers
    • Introduction
    • Oriente basin
    • Stratigraphy
      • The Hollin formation
      • The Napo formation
      • The Tena formation
    • Petroleum system
      • Reservoir rocks
      • Source rocks
      • Seals
    • Coastal basins
    • Stratigraphy
    • 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
    • Liquids
    • Sales gas
    • Liquids
      • Future liquids production
      • Historical liquids production
    • Gas
    • 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
    • Key legislation
    • Regulatory body
    • State oil company
    • State participation
    • 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 41 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 3
  • Production: Table 4
  • Gas Production
  • Fiscal terms: Table 6
  • Fiscal terms: Table 11
  • Fiscal terms: Table 15
  • Oriente Basin Stratigraphic Column
  • Exploration: Table 3
  • Production: Table 1
  • Production: Table 2
  • Liquids Production
  • Infrastructure: Table 1
  • 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 5
  • Fiscal terms: Table 7
  • Fiscal terms: Table 8
  • Fiscal terms: Table 9
  • Fiscal terms: Table 10
  • Fiscal terms: Table 12
  • Fiscal terms: Table 13
  • Fiscal terms: Table 14
  • Fiscal terms: Table 16
  • Fiscal terms: Table 17
  • Fiscal terms: Table 18
  • Fiscal terms: Table 19
  • Fiscal terms: Table 20

What's included

This report contains:

  • Document

    Country Overview

    PDF 11.40 MB

  • Document

    Country Overview

    XLS 847.50 KB

  • Document

    Country Overview

    ZIP 11.35 MB

  • Document

    Executive summary

    PDF 700.12 KB

  • Document

    Key facts

    PDF 683.96 KB

  • Document

    Location maps

    PDF 5.29 MB

  • Document

    Key companies

    PDF 723.13 KB

  • Document

    Geology

    PDF 728.45 KB

  • Document

    Exploration

    PDF 741.37 KB

  • Document

    Reserves and resources

    PDF 707.48 KB

  • Document

    Production

    PDF 733.96 KB

  • Document

    Infrastructure

    PDF 6.53 MB

  • Document

    Policy and regulation

    PDF 690.89 KB

  • Document

    Fiscal terms

    PDF 836.66 KB

Trusted by leading organisations