Petroleos del Ecuador has taken over as operator of its joint venture with Texaco Inc. that accounts for more than two thirds of Ecuador's crude oil production. Depending upon the outcome of a separate Texaco proposal involving a tertiary oil recovery project, the move could presage Texaco's exit from Ecuador in 2 years. Petroecuador is pressing efforts to boost production from the joint venture area in the central Oriente jungle region. Meantime, Petroecuador plans to offer four exploration blocks of about 500,000 acres each in its seventh round of bidding Aug. 15. Three of the blocks are in the north and north...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected