(Energy Analytics Institute, 29.Jul.2020) â PetroAmazonas EP will reduce its work capacity by 30% in Block 43âITT (Ishpingo, Tambococha, Tiputini), located in Orellana province, for 45 days. The decision was made to preserve the health of employees and collaborators during the Covid-19 pandemic, PetroAmazonas General Manager Juan Carlos Bermeo CalderĂłn […]
Tag: ITT
PetroAmazonas Develops 63.5 Ha On Blocks 43 And 31
(Energy Analytics Institute, 3.Jun.2020) â PetroAmazonas EP has developed 63.50 hectares of Block 43-ITT (Ishpingo, Tambococha, Tiputini) and Block 31, both located in the province of Orellana. Of the figure, approximate 26.60 hectares corresponds to Block 43 and 36.90 hectares to Block 31, PetroAmazonas announced 3 June 2020 in an […]
MODEC Inks Deal By Equinor For FPSO For Brazil Field
(Modec, 30.Jan.2020) â Modec Inc. has signed a Sales and Purchase Agreement (SPA) with Equinor Brasil Energia Ltda, a subsidiary of Equinor ASA, to supply a Floating Production Storage and Offloading (FPSO) vessel for the Bacalhau (formerly CarcarĂĄ) field offshore Brazil. Modec was awarded a Pre-Front End Engineering Design (Pre-FEED) […]
PetroAmazonas Boosted Output 4% In 2019
(Energy Analytics Institute, Piero Stewart, 3.Jan.2019) â Ecuadorâs state oil company PetroAmazonas EP boosted its production of crude oil by 4% in 2019, according to the countryâs Ministry of Energy and Non-Renewable Natural Resources (MENRNR). PetroAmazonasâ production reached 423,970 barrels of oil equivalent per day (boe/d) in 2019 — which […]
Ecuadorâs Block 43 ITT Output Above 86.6 Mb/d
(Energy Analytics Institute, Piero Stewart, 1.Nov.2019) â Production from Ecuadorâs Block 43 ITT (Ishipingo, Tiputini, Tambococha), exceeded 86,618 barrels per day of oil on 31 Oct. 2019. At this level ITT has reached consolidation as the area with the highest oil production in the Andean country, surpassing Auca, Shushufindi and […]
Petroamazonas’ Production Peaked At 428,780 Boe/d In The First 4 Months Of 2019
(Energy Analytics Institute, Piero Stewart, 19.May.2019) â Petroamazonas EPâs production of crude oil in the first four months of 2019 peaked at 428,780 barrels per day of equivalents, up 5.42% compared to average production of 406,738 barrels per day of equivalents at the close of 2018, the company announced 19 […]
Ecuador Seeks To Extract 49% More Oil From ITT
(Energy Analytics Institute, Piero Stewart, 28.Nov.2018) â 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 Ecuadorâs Minister of Energy and Non-Renewable Natural Resources Carlos […]
Petroamazonas EP Says Block 43 ITT Producing 75,000 b/d
(Energy Analytics Institute, Ian Silverman, 9.Aug.2018) â Block 43 ITT, located in the province of Orellana, is currently producing 75,000 barrels per day. Production at the block is expected to reach 80,000 barrels per day by year end 2018, announced Ecuadorâs Hydrocarbon Ministry in a statement on its website. ***
Ecuador Starts Exploitation Activities at Tiputini
(Energy Analytics Institute, 9.May.2016, Clifford Fingers III) â Ecuador starting exploitation activities at the Tiputin field, part of the YasunĂ ITT block in July 2016, reported the news agency AFP, citing a statement from the country’s Hydrocarbon Ministry. The Tiputini 04 well in Block 43 has estimated potential to produce […]
Q&A with Tissot Associateâs Roger Tissot on Venezuela, Ecuador and PetroCaribe
CARACAS, VENEZUELA (By Energy Analytics Institute, Pietro D. Pitts, 19.Jul.2013) â Tissot Associates Consultant Roger Tissot spoke with Energy Analytics Institute in a brief interview from Canada. What follows are excerpts from the brief interview.