Ecuador is about to break oil production record

Last Tuesday Petroamazonas almost managed to overcome its historical production record of 1994, when it obtained 332,788 barrels per day on an annual average.

The public company informed on a statement that on that day, they obtained 332,187 barrels, making it the highest since last January 2, when the company absorbed exploration and exploitation management of Petroecuador.

On last January 2 Petroamazonas absorbed exploration and exploitation management rights of Petroecuador.

Petroamazonas ensures that the production increase is being given due to the new technologies.

In total, the country was able to produce 536,643 barrels a day, “the highest level so far this year,” said Petroamazonas.