Country Analysis Executive Summary: Ecuador U.S.
oil production activities in the ITT fields in recent years, contributing to stagnant production growth. Ecuador produced 483,000 barrels per day (b/d) of petroleum and other liquids in 2020, down from 534,000 b/d in 2019 (Figure 23
Country Analysis Executive Summary: Ecuador - U.S. Energy
According to Global Trade Tracker, Ecuador exported 360,000 b/d of crude oil in 2020. The country relies heavily on oil export revenue; in 2020, Ecuador exported over 70% of the crude oil it produced. Crude oil exports accounted for 49%4 of the country's export earnings5 and 21%6 of public sector revenues in 2019.
Ecuador's state oil company looks to double output in five years
Petroecuador, Ecuador's state-owned oil company, on Friday said it will look to double production to 800,000 barrels of oil equivalent per day (boed) in the next
Ecuador Energy Profile: Fifth-Largest Oil Producer
According to Global Trade Tracker, Ecuador exported 360,000 b/d of crude oil in 2020. The country relies heavily on oil export revenue; in 2020, Ecuador exported over 70% of the crude oil...
Ecuador Energy Profile: Fifth-Largest Oil Producer
As of January 2021, Ecuador had 8.3 billion barrels of proved crude oil reserves. Ecuador’ oil reserves are the third largest in Latin America, after Venezuela’s and Brazil’s reserves.1Most of Ecuador’s oil reserves are in the Oriente Basin located in the Amazon.U.S. Energy Information Administration (EIA)
U.S. Energy Information Administration - EIA - Independent
In 2020, Ecuador was the fifth-largest oil producer in South America behind Brazil, Colombia, Argentina, and Venezuela. As of January 2021, Ecuador had 8.3 billion barrels of proved crude oil reserves. Ecuador has the third-most oil reserves in Latin America, after Venezuela and Brazil, according to Oil and Gas Journal.
Crude oil and petroleum liquids production in Ecuador hit
Ecuador’s national oil company, Petroecuador, and OCP Ecuador have subsequently built bypasses for these two pipelines to avoid further disruptions in this
Ecuador: oil production 2021 | Statista
Oil production in Ecuador 1999-2021. Published by Jessica Aizarani , Mar 2, 2023. In 2021, Ecuador's oil production amounted to 473 thousand barrels per day, slighlty down from 479 thousand
Ecuador Exploration and Production Outlook Offshore
GlobalData’s latest report, Ecuador Exploration & Production, 2021, indicates that Ecuador’s total production peaks in 2022, increasing from 483 thousand
Ecuador Oil and Gas Production and Exploration Market
Ecuador total gross crude oil and condensate production in 2020 was valued at 483,240 barrels per day (bd), which is expected to show a declining CAGR of more than -1% during the period 2021-2025. Production stems mainly from onshore projects in the Oriente Basin and is driven by conventional oil and heavy oil fields.
