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Ecuador’s daily oil production rises to 370,197 barrels, the highest since January

Quito, June 16 (EFE).- The state company Petroecuador reached a production of 370,197 barrels of oil per day, the highest since last January 3, after “executing various strategies to increase” the extraction of hydrocarbons, as reported this Tuesday by the institution.

Production exceeds the 366,064 barrels per day recorded at the end of May and the increase responds, according to the oil company, to a plan that is being executed and that also contemplates during this year the reactivation of nearly 200 closed wells and the conversion of another 35 into injection wells in different fields operated by the company.

Among the assets with the greatest increases, the Drago field stands out, in the Amazonian province of Sucumbíos, whose production went from 2,854 barrels of oil per day to a peak of 5,954 barrels per day in the last quarter.

Furthermore, in the Auca field, in the Amazon province of Orellana, between April 1 and June 8 of this year, production increased from 60,753 to 62,300 barrels per day; while in the Lobo field, located in Block 7, also in Orellana, production rose from 500 barrels per day to more than 2,000 barrels per day.

The state oil company also reported an increase in natural gas production in the Amistad field, Ecuador’s largest field, located offshore in the Gulf of Guayaquil, from 17 million to 28 million cubic feet per day, due to a well reconditioning campaign. EFE