Ecuador's Ministry on Non-Renewable Natural Resources plans to launch six onshore blocks, located in the Napo Basin, during the Intracampos II Bid Round. However, an official schedule has been delayed due to the COVID-19 pandemic, which has delayed the ministry's community outreach â that was planned for May-June 2020.The areas have production and facilities, and information on wells and seismic. One block has unconventional potential, Block 11, the largest block on offer â which is located next to the Bermejo field. Below the areas that will be offered:           Block         Area -sq km         Prospects             11 - Lumbaqui         1,674.94         5             93 - Saywa         1,335.20         3             94 - Tamya         99.57         4             95 - Tetete Sur         30.96         1             96 - VHR Oeste         89.13         3             97 - VHR Este         91.38         2                               Â   For more information regarding the ronda, please contact Ing. David Alban, David.Alban@recursosyenergia.gob.ec, 593-3976-000, ext. # 1907  The plan was to launch the licensing round in July 2020, as reported in mid-May 2020. The licensing round was first announced during the XII Ronda Petrolera Intracampos Ecuador presentation in Houston on 25 September 2018.The official announcement was expected in November and then it was moved to December 2019. It appears that the delay is due to change in the ministry.   Background Information   During a conference in late May 2019, Ecuadorâs Adviser to the Minister at Ministry of Energy and Non-Renewable Natural Resources Jose Antonio Cepeda announced that the Intracampos II Bid Round will be in 2019 â most likely end of the year. The government planned to announce the round after the closing of the XII Ronda Petrolera Intracampos Ecuador, as previously reported in late December 2018.  Local news reported in late July 2018 that Ecuadorâs Secretaria de Hidrocaburos plans to announce in late 2018 - 1Q 2019 the Intracampos II Bid Round, which may include 14 fields, with estimated reserves of 157.4 MMbo. The fields are part of Petroamazonasâ portfolio and will be returned to the government. Expected investment for the areas is USD 1.2 billion. The government plans to offer a new contract for the awarded areas in this round - the Participation Contract, Production Sharing Agreement. The Decree 449 was presented to the Legislative for review on 18 July 2019, in order to change the current Service Contract to Participation Contract and attract more investment.   Ecuadorâs Secretaria de Hidrocarburos released an estimated schedule for the Intracampos Bid Round, which is expected to be officially announced in late July 2018. The entry fee is USD 100,000 per company, which will have three months for an evaluation and presentation of offers. In September 2018, the government plans to award the contracts and offer the Participation Contract.  Reserve certification will be handled by a third-party company for the eight blocks,15 fields: Araza Este, Charapa, Chanangue, Espejo, Iguana, Panayacu Norte, Perico and Sahino. The total projected investment expected for the 930 sq km area, has been reviewed and it is now USD 756 to USD 1,159 million, and not USD 903 million, nor USD 1.25 billion as previously announced. The estimated peak production at 14-19 bo/d, is expected around 2024.
(Napo B.) Ecuador's Ministry on Non-Renewable Natural Resources plans to launch six onshore blocks, located in the Napo Basin, during the Intracampos II Bid Round.