(Reuters, 19.Jan.2022) — Ecuador’s state-owned oil company, Petroecuador, is targeting average output of 425,000 barrels of oil equivalent per day (boed) by the end of 2022, manager Italo Cedeno said on Wednesday. Petroecaudor’s production averaged some 380,000 boed until November. It dwindled to a trickle in December after pumping through […]
Tag: ITT Field
Ecuador Seeks To Extract 49% More Oil From ITT
(Energy Analytics Institute, Piero Stewart, 28.Nov.2018) — The government of Ecuador intends to extract 49% more oil from the Ishpingo-Tambococha-Tiputini (ITT) block in 2019, according to data from Petroamazonas EP. The figure was reported by online media El Universo, which cited Ecuador’s Minister of Energy and Non-Renewable Natural Resources Carlos […]
Ecuador’s ITT Output Around 60 Mb/d
(Energy Analytics Institute, Piero Stewart, 13.Jul.2018) – Oil production from the Ishpingo, Tambococha and Tiputini or ITT field is around 60,000 barrels per day. With additional work activities, production from ITT is expected to reach up to 70,000 b/d, reported the daily newspaper El Universo, citing PetroAmazonas EP Manager Álex […]