• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
In Ecuador, 475 organ transplants have been performed so far in 2023
This is how González and Noboa adjust their image to fight for 5.1 million votes
Shrimp farmers denounce that insecurity costs USD 100 million to the sector
United States Coast Guard will collaborate with the Navy in the fight against drug trafficking
Two corners of Ecuador in the world ranking of the best towns for tourism
Ecuadorian companies promote IDEA law in favor of Ecuador in Washington
Ecuador incorporates 25,000 hectares of paramo to its protected areas
Former comptroller Pólit ‘helped’ a corrupt businessman get an appointment with Correa
Ecuador still has one of the weakest passports in Latin America
The European Union increases its banana consumption

Drilling at Tambococha is expected for the last quarter

Posted On 06 Jul 2017

Ecuadornews:

 

 

The Government intends to start drilling works in the Tambococha field – part of the ITT Block 43 – during the fourth last of 2017. To this end, it will tender the necessary drills for the operation in the next few days. Private companies would be awarded in August.
That was one of the announcements made Tuesday by Minister of Hydrocarbons Carlos Perez, noting that the public company Petroamazonas “has to optimize its resources and the cost of production.”

 

 

 

Between 2012 and 2014 at the state oil company recorded the highest peaks in costs. Production ranged from $ 30.46 to $ 29.28 per barrel of oil. A price of $ 16.96 was reported in May 2017 with and a projection of $ 19.10 for the rest of the year.

The bidding is done through financing agreements with foreign companies, allowing a better management of Petroamazonas’ budget. The payment will be made with production sales of the ITT fields. “Not with oil,” the minister emphasized. (I)

 

Source: http://www.eltelegrafo.com.ec/noticias/economia/8/la-perforacion-en-tambococha-se-preve-para-el-cuarto-trimestre

About the Author
  • google-share
Previous Story

Moreno responds: “Do not count on me for hate”

Next Story

PAIS Alliance denies request for resolution in support of dialogues initiated by Lenín Moreno

SEARCH

LATEST NEWS

In Ecuador, 475 organ transplants have been performed so far in 2023

Posted On 30 Sep 2023

This is how González and Noboa adjust their image to fight for 5.1 million votes

Posted On 30 Sep 2023

Shrimp farmers denounce that insecurity costs USD 100 million to the sector

Posted On 29 Sep 2023
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net