Ecuador’s EP Petroecuador has announced that it will drill further 13 wells; eight in Tamboccha and five in Sacha to maintain production at 400,000 barrels per day (bbl\d) during 2021,a press release reported. A...
PetroEcuador is planning to increase production from its Ishpingo-Tambococha-Tiputini (ITT) oilfields located in the Eastern Amazon Oriente Basin, with average production expected to reach 60,000 barrels per day (bbl/...
Ecuador’s state-run oil company Petroecuador announced on June 29 that it had received bids from seven companies interested in buying a cumulative total of 3.6 million barrels (mmbbl) of Oriente crude by means of a sp...