Ecuador Oil and Gas Exploration and Production (E&P) Outlook to 2025 – Overview of Assets Terrain, and Major Companies, Contracts, Licensing, Mergers and Acquisition

2021-11-26
Price :
Published : Nov-2021
No. of Pages : 32

Ecuador Oil and Gas Exploration and Production (E&P) Outlook to 2025 – Overview of Assets Terrain, and Major Companies, Contracts, Licensing, Mergers and Acquisition

Summary

Ecuador’s total production peaks in 2022, increasing from 483 thousand barrels of oil equivalent (mboed) in 2020 to 527 mboed before declining 3.6% by 2025 to 508 mboed. Production stems mainly from onshore projects in the Oriente Basin and is driven by conventional oil and heavy oil fields. Conventional oil fields accounted for approximately 77% of crude oil and condensate production in 2020 where production decreases 4% from 393 thousand barrels per day (mbd) in 2022 to 376 mbd in 2025. Heavy oil projects help mitigate the country’s liquids decline, responsible for the crude oil growth seen in Ecuador in 2024, increasing 20% over 2020 to 135 mbd in 2024.

Scope

– Ecuador’s oil and gas production outlook by assets terrain, and major companies
– Key details of active and upcoming oil and gas assets in the country
– Recently licensed blocks details, licensed blocks count by company, and latest discoveries
– Latest mergers and acquisitions, and awarded contracts related to the E&P sector in the country

Reasons to Buy

– Gain a strong understanding of the Ecuador’s E&P sector
– Facilitate decision making based on strong historical and outlook of oil and gas production data, licensed blocks details, and discoveries
– Assess your competitor’s production outlook and licensed blocks count in the country
– Analyze latest M&A landscape and awarded contracts related to the country’s E&P sector

Filed in: Energy & Power
Publisher : GlobalData
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