The public company is responsible for 80% of the country’s oil production.
This Saturday it was reported that Petroecuador and the oil company Halliburton Latin America SRL signed a contract for the drilling and completion of seven producing wells.
The value of this operation is $ 35,515,906.77, which will be used for three wells re-entry (re-entry) in the Coca K platform and four directional wells in the Payamino G platform, located in the Coca and Payamino fields, respectively, in the Amazon province of Orellana.
“Activities will begin next December at the Coca K platform, with an average of 450 barrels of oil per day (BPPD) per well and an incremental of 3,150 barrels until mid-2022,” according to a statement from the Ecuadorian oil company.
Juan Carlos Bermeo, Minister of Energy and Non-Renewable Natural Resources, indicated that the objective of the agreement is to progressively increase oil production, based on the public-private relationship. (I)
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