Petroecuador Output Reaches 365,973 bpd, Still Below June Plan
Energy

Petroecuador Output Reaches 365,973 bpd, Still Below June Plan

Ecuador Brief||Source: Expreso

Petroecuador reported 370,197 barrels of oil equivalent per day on June 15, 2026, describing it as its best production level in recent months.

The headline number includes both crude oil and natural gas. Crude production alone was 365,973.40 barrels per day.

Production Snapshot

MetricFigure
June 15 total oil equivalent output370,197 BOE/d
June 15 crude output365,973.40 bpd
June crude plan376,223.01 bpd
January total oil equivalent average371,877 BOE/d
January-April crude production43.6M barrels
January-April average363,031 bpd
January-April YoY change-2.5%

The June 15 crude figure was 267.34 barrels higher than the previous day, but remained below the monthly plan.

Recovery Measures

Petroecuador says its 2026 strategy includes reactivating approximately 200 closed wells and converting 35 wells to injectors across fields it operates.

Field-level gains cited by the company include:

  • Drago: from 2,854 bpd to a peak of 5,954 bpd
  • Auca: from 60,753 bpd on April 1 to 62,300 bpd on June 8
  • Lobo: from 500 bpd to more than 2,000 bpd, with a peak of 2,300 bpd

Gas Data Gap

At the Amistad field, Petroecuador said gas production increased from 17 million to 28 million cubic feet per day after a second workover campaign.

ARCH reported 24.3 million cubic feet from the area on June 15.

What To Watch

  • Whether crude-only production reaches the 376,223.01 bpd June plan
  • Whether reactivated wells add sustained output or short-term peaks
  • Whether Drago, Auca and Lobo gains offset declines elsewhere
  • Whether Amistad gas output stabilizes near company or ARCH-reported levels
  • Whether lower crude production affects export-contract fulfillment and fiscal assumptions

Source

Expreso — “Petroecuador destaca su mejor producción en meses, pero la extracción de petróleo no llega a la meta

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Petroecuadoroil productionARCHAmistadAuca
Companies: Petroecuador, ARCH
Regions: Ecuador
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