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
Table of Contents
- Ecuador Exploration and Production Sector
- Ecuador Exploration and Production Sector, Oil and Gas Production Outlook
- Ecuador Exploration and Production Sector, Marketed Natural Gas Production by Terrain
- Ecuador Exploration and Production Sector, Gross Crude Oil and Condensate Production by Assets
- Ecuador Exploration and Production Sector, Marketed Natural Gas Production by Assets
- Ecuador Exploration and Production Sector, Net Entitlement Crude Oil and Condensate Production by Major Companies
- Ecuador Exploration and Production Sector, Net Entitlement Natural Gas Production by Major Companies
- Ecuador Exploration and Production Sector, Active and Upcoming Oil and Gas Asset Details
- Ecuador Exploration and Production Sector, Exploration
- Ecuador Exploration and Production Sector, Total Licensed Blocks
- Ecuador Exploration and Production Sector, Licensed Blocks by Company
- Ecuador Exploration and Production Sector, Exploration
- Ecuador Exploration and Production Sector, Exploration Details, Exploration
- Ecuador Exploration and Production Sector, Major Oil and Gas Discoveries
- Ecuador Exploration and Production Sector, Number of Oil and Gas Discoveries, 2017 - 2021
- Ecuador Exploration and Production Sector, Oil and Gas Discovery Details
- Recent Contracts
- Recent M&A Activity
- Appendix
- Methodology
- Coverage
- Secondary Research
- Contact The Publisher
List of Tables
- Ecuador, Total Gross Crude Oil and Condensate Production (bd) by Terrain, 2016-2025
- Ecuador, Marketed Natural Gas Production by Terrain (mmcfd), 2016-2025
- Ecuador, Gross Crude Oil and Condensate Production (bd), by Assets, 2016-2025
- Ecuador, Marketed Natural Gas Production (mmcfd), by Assets, 2016-2026
- Ecuador, Net Entitlement Crude Oil and Condensate Production (bd), by Major Companies, 2016 - 2025
- Ecuador, Net Entitlement Natural Gas Production (mmcfd), by Major Companies, 2016 - 2025
- Ecuador, Active and Upcoming Oil and Gas Field Assets Details
- Ecuador, Total Licensed Blocks, 2010-2020
- Ecuador, Licensed Blocks by Company, 2010-2020
- Ecuador, Recently Licensed Block Details
- Ecuador, Number of Oil and Gas Discoveries, 2017 - 2021
- Ecuador, Oil and Gas Discovery Details, 2017 - 2021
- Recent Contracts
- Recent M&A Activity
List of Figures
- Ecuador, Total Gross Crude Oil and Condensate Production (bd) by Terrain, 2016-2025
- Ecuador, Marketed Natural Gas Production by Terrain (mmcfd), 2016-2025
- Top 10 Fields in Ecuador by 2020 Crude Oil Production
- Top 10 Fields in Ecuador by 2020 Natural Gas Production
- Top 10 Companies in Ecuador by 2020 Crude Oil and Condensate Production
- Top 10 Companies in Ecuador by 2020 Natural Gas Production
- Ecuador, Active and Upcoming Oil and Gas Assets by Production Start Year
- Ecuador, Number of Oil and Gas Discoveries, 2017 - 2021
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- EP Petroecuador
- Empresa Nacional del Petroleo
- China National Petroleum Corp
- China Petrochemical Corp
- CPC Corp
- Pluspetrol Resources Corp NV
- Petroquimica Comodoro Rivadavia SA
- Repsol SA
- Gente Oil Global
- Pte Ltd
- Orion Energy Pte Ltd
- Gran Tierra Energy Inc
- Petroamazonas EP
