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Yasuní ITT


The Yasuní project involves developing the Ishpingo, Tambococha and Tiputini (ITT) heavy oil fields. It has estimated reserves of 846 million barrels of oil, equivalent to the 20% of the country's reserves. Development of fields Tiputini and Tambococha is expected to reach average of 200,000b/d from these areas, requiring US$2.8bn and US$5bn more if Ishpingo is developed alongside the other two fields. The development includes the construction of an oil pipeline. Due the lack of international support, Ecuador ended an agreement to avoid oil drilling in the project area. The agreement called for Ecuador to place an indefinite moratorium on drilling in the Yasuní national park.

Full Name Yasuní ITT
Development Phase Prefeasibility
Investment US$ 2.8bn
Location

The ITT fields are located in Aguarico canton, Ecuador.

* The map coordinates provided represent the approximate latitude and longitude, and not the exact location, of the project in question.

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Name Sector Country Ownership Relation
Locked content Project Owners
Relation
Relation

Key Contacts

Name Company Contact Position
Locked content Owner / operator
General Manager
Exploration manager
 
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