{"id":50006562,"date":"2016-06-17T18:40:56","date_gmt":"2016-06-17T17:40:56","guid":{"rendered":"https:\/\/stage.dialogochino.net\/?p=6562"},"modified":"2023-05-23T15:34:08","modified_gmt":"2023-05-23T14:34:08","slug":"6562-drilling-in-yasuni-national-park-begins-amid-uncertainty","status":"publish","type":"post","link":"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/","title":{"rendered":"Drilling in Yasun\u00ed national park begins amid uncertainty"},"content":{"rendered":"<p>Drilling for oil in Ecuador\u2019s biodiverse <a href=\"http:\/\/stage.dialogochino.net\/yasuni-silent-investment\/\">Yasun\u00ed <\/a>national park is well underway despite a lack of clarity on the terms and conditions. In March, state-owned company <a href=\"http:\/\/www.petroamazonas.gob.ec\/\">Petroamazonas <\/a>began drilling a third well in the Tiputini oilfield, three years after President Rafael Correa scrapped the Yasun\u00ed-ITT initiative, which sought international donations to keep the Amazonian park\u2019s oil reserves in the ground. The event prompted tests for the drilling of 40 wells in the area, three of which are already operational and which aim to produce around 20,000 barrels of crude a day between July and December 2016. Petroamazonas is not operating alone and has contracts for specific services with Chinese state-owned oil company <a href=\"http:\/\/www.sinopecgroup.com\/group\/en\/\">Sinopec<\/a>. The two will cooperate on the development of Tiputini, the first of three oilfields (Ishpingo, Tiputini and Tambococha), which comprise the Yasun\u00ed-ITT project. While such contracts are permitted by Ecuador\u2019s Hydrocarbons Law, the specific agreements reached by the parties are unknown. Or at least nobody is willing to discuss them. Petroamazonas receives services, technology and financing from Sinopec, as permitted&nbsp;by&nbsp;<a href=\"https:\/\/drive.google.com\/a\/gkillcity.com\/file\/d\/0B7DBAvoWedAJbktLc1VEODR1Uzg\/view?usp=sharing\">article 17<\/a> of Ecuador\u2019s&nbsp;hydrocarbons law. The legislation allows Petroamazonas to contract national and foreign companies for any service, including the construction and operation of oil, gas and multipurpose pipelines, terminals and hydrocarbon processing plants. The value of the contract and terms of payment are negotiated between parties and are not necessarily made public. Italo Cede\u00f1o of the <a href=\"http:\/\/www.spe.org\/\">International Society of Petroleum Engineers<\/a>, explained that Ecuador offers contracts such as these because it \u201cdoes not have all the resources to finance the drilling of wells in ITT or the facilities for processing the oil\u201d. He adds that they were intended as a means to secure advanced technology for exploration in Yasun\u00ed in order to minimise environmental damage. However, this is not the first time Petroamazonas has inked&nbsp;such contracts. The company has also signed deals&nbsp;with multinationals <a href=\"http:\/\/www.slb.com\/\">Schlumberger<\/a>, <a href=\"http:\/\/www.halliburton.com\/en-US\/default.page\">Halliburton <\/a>and <a href=\"http:\/\/www.sertecpet.net\/?lang=en\">Sertecpet <\/a>for oil fields outside of ITT. In an recent&nbsp;<a href=\"http:\/\/focusecuador.co\/2015\/09\/30\/la-gran-estafa-del-yasuni-bloque-31-con-error-de-reservas-del-97-2\/\">article<\/a>&nbsp;for&nbsp;<em>Focus Ecuador<\/em>, Fernando Villavicencio, a journalist and known opponent of the project,&nbsp;wrote that between 2013 and 2015 these companies invested US$3.29 billion in the production of over 57 million barrels. Another source, who preferred to remain anonymous, said that the specific services provided by Sinopec for ITT include the drilling and construction of three platforms in the Tiputini field in block 43. The contract is valid until the date of the final payment to Sinopec, although the amount of finance is, again, unknown. The source also said it is not possible to access appended contractual information because Petroamazonas and Sinopec have agreed to keep it confidential. According to Cede\u00f1o, these contracts are made with a rate of return of at least 15%. \u201cWe know the cost of drilling wells,&nbsp;<a href=\"http:\/\/www.glossary.oilfield.slb.com\/en\/Terms\/e\/electrical_log.aspx\">electrical logs and production separators<\/a>,\u201d the anonymous source said adding: \u201cWe can calculate the return on their investment so far.\u201d There are two types of contracts: contracts for specific work, which last between three and four years, and another to \u2018support the operation\u2019 of oil fields, which can last for up to 20 years. The contract with Sinopec was signed specifically for the development phase of the Tiputini oilfield. During the first phase, Sinopec built the rigs and supplied equipment for the first tests to determine the daily production volume.&nbsp;Jos\u00e9 Icaza Romero, Ecuador\u2019s minister of hydrocarbons,&nbsp;<a href=\"http:\/\/www.eluniverso.com\/noticias\/2016\/05\/19\/nota\/5588568\/ecuador-explotara-crudo-campo-tiputini-bloque-yasuni-itt-julio\">said<\/a>&nbsp;the production of crude oil ectracted from the first three Tiputini wells has been a success, having obtained at least 500 barrels from each. Further investment of US$2.6 million is planned up until December 2016. However, more specific details of the agreement, such as how much more investment is required and how and when payment will be made, are unknown. When approached, an official source said he was unaware of the specific contractual appendage and said that those who did know about it would not be willing to discuss it. Commercial production of Tiputini will begin next month. One of the few available figures is that the ITT fields are expected to yield 920 million barrels over a&nbsp;20-year lifespan. Yet the opacity over the conditions under which these contracts are signed or renewed means it is impossible to know precisely how the future of one of the world\u2019s most biodiverse regions is being negotiated. <em>This article was originally published by <a href=\"http:\/\/gkillcity.com\/articulos\/el-mirador-politico\/el-yasuni-itt-ya-se-explota-pero-nadie-dice-que-condiciones\">GKillCity<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Details of contract between Sinopec and Petroamazonas have not been made publicly available<\/p>\n","protected":false},"author":40000225,"featured_media":50006436,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[757,50039902],"tags":[547,50029971,582,50040324],"hashtags":[],"country":[20000110,50002594],"class_list":["post-50006562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-forests","tag-fossil-fuels","tag-oil","tag-protected-areas","tag-rainforests","country-china","country-ecuador"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v26.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Drilling in Yasun\u00ed national park begins amid uncertainty | Dialogue Earth<\/title>\n<meta name=\"description\" content=\"Details of contract between Sinopec and Petroamazonas have not been made publicly available\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Drilling in Yasun\u00ed national park begins amid uncertainty\" \/>\n<meta property=\"og:description\" content=\"Details of contract between Sinopec and Petroamazonas have not been made publicly available\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/\" \/>\n<meta property=\"og:site_name\" content=\"Dialogue Earth\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-17T17:40:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-23T14:34:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-logo_Thumbnail.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Hands Up Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/\"},\"author\":{\"name\":\"Hands Up Admin\",\"@id\":\"https:\/\/dialogue.earth\/en\/#\/schema\/person\/e6f5ec9306faf26417be0d14efe096bc\"},\"headline\":\"Drilling in Yasun\u00ed national park begins amid uncertainty\",\"datePublished\":\"2016-06-17T17:40:56+00:00\",\"dateModified\":\"2023-05-23T14:34:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/\"},\"wordCount\":735,\"publisher\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"Fossil fuels\",\"Oil\",\"Protected areas\",\"Rainforests\"],\"articleSection\":[\"Energy\",\"Forests\"],\"inLanguage\":\"en\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/\",\"url\":\"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/\",\"name\":\"Drilling in Yasun\u00ed national park begins amid uncertainty | Dialogue Earth\",\"isPartOf\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2016-06-17T17:40:56+00:00\",\"dateModified\":\"2023-05-23T14:34:08+00:00\",\"description\":\"Details of contract between Sinopec and Petroamazonas have not been made publicly available\",\"breadcrumb\":{\"@id\":\"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dialogue.earth\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Drilling in Yasun\u00ed national park begins amid uncertainty\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dialogue.earth\/en\/#website\",\"url\":\"https:\/\/dialogue.earth\/en\/\",\"name\":\"Dialogue Earth\",\"description\":\"Global climate and environment news\",\"publisher\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dialogue.earth\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/dialogue.earth\/en\/#organization\",\"name\":\"\u5bf9\u8bdd\u5730\u7403\",\"url\":\"https:\/\/dialogue.earth\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png\",\"contentUrl\":\"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png\",\"width\":256,\"height\":256,\"caption\":\"\u5bf9\u8bdd\u5730\u7403\"},\"image\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/DialogueEarth_\",\"\",\"https:\/\/www.facebook.com\/DialogueEarth.English\",\"https:\/\/www.instagram.com\/dialogue.earth\/\",\"https:\/\/www.linkedin.com\/company\/dialogueearth\/\"],\"publishingPrinciples\":\"https:\/\/dialogue.earth\/en\/about\/\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/dialogue.earth\/en\/#\/schema\/person\/e6f5ec9306faf26417be0d14efe096bc\",\"name\":\"Hands Up Admin\",\"url\":\"https:\/\/dialogue.earth\/en\/author\/hu_admin\/\",\"sameAs\":[\"https:\/\/dialogue.earth\/en\/author\/lisettearevalo\/\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Drilling in Yasun\u00ed national park begins amid uncertainty | Dialogue Earth","description":"Details of contract between Sinopec and Petroamazonas have not been made publicly available","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/","og_locale":"en_US","og_type":"article","og_title":"Drilling in Yasun\u00ed national park begins amid uncertainty","og_description":"Details of contract between Sinopec and Petroamazonas have not been made publicly available","og_url":"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/","og_site_name":"Dialogue Earth","article_published_time":"2016-06-17T17:40:56+00:00","article_modified_time":"2023-05-23T14:34:08+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-logo_Thumbnail.png","type":"image\/png"}],"author":"Hands Up Admin","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/#article","isPartOf":{"@id":"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/"},"author":{"name":"Hands Up Admin","@id":"https:\/\/dialogue.earth\/en\/#\/schema\/person\/e6f5ec9306faf26417be0d14efe096bc"},"headline":"Drilling in Yasun\u00ed national park begins amid uncertainty","datePublished":"2016-06-17T17:40:56+00:00","dateModified":"2023-05-23T14:34:08+00:00","mainEntityOfPage":{"@id":"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/"},"wordCount":735,"publisher":{"@id":"https:\/\/dialogue.earth\/en\/#organization"},"image":{"@id":"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/#primaryimage"},"thumbnailUrl":"","keywords":["Fossil fuels","Oil","Protected areas","Rainforests"],"articleSection":["Energy","Forests"],"inLanguage":"en"},{"@type":"WebPage","@id":"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/","url":"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/","name":"Drilling in Yasun\u00ed national park begins amid uncertainty | Dialogue Earth","isPartOf":{"@id":"https:\/\/dialogue.earth\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/#primaryimage"},"image":{"@id":"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/#primaryimage"},"thumbnailUrl":"","datePublished":"2016-06-17T17:40:56+00:00","dateModified":"2023-05-23T14:34:08+00:00","description":"Details of contract between Sinopec and Petroamazonas have not been made publicly available","breadcrumb":{"@id":"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/"]}]},{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/dialogue.earth\/en\/energy\/6562-drilling-in-yasuni-national-park-begins-amid-uncertainty\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dialogue.earth\/en\/"},{"@type":"ListItem","position":2,"name":"Drilling in Yasun\u00ed national park begins amid uncertainty"}]},{"@type":"WebSite","@id":"https:\/\/dialogue.earth\/en\/#website","url":"https:\/\/dialogue.earth\/en\/","name":"Dialogue Earth","description":"Global climate and environment news","publisher":{"@id":"https:\/\/dialogue.earth\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dialogue.earth\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/dialogue.earth\/en\/#organization","name":"\u5bf9\u8bdd\u5730\u7403","url":"https:\/\/dialogue.earth\/en\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/","url":"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png","contentUrl":"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png","width":256,"height":256,"caption":"\u5bf9\u8bdd\u5730\u7403"},"image":{"@id":"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/DialogueEarth_","","https:\/\/www.facebook.com\/DialogueEarth.English","https:\/\/www.instagram.com\/dialogue.earth\/","https:\/\/www.linkedin.com\/company\/dialogueearth\/"],"publishingPrinciples":"https:\/\/dialogue.earth\/en\/about\/"},{"@type":"Person","@id":"https:\/\/dialogue.earth\/en\/#\/schema\/person\/e6f5ec9306faf26417be0d14efe096bc","name":"Hands Up Admin","url":"https:\/\/dialogue.earth\/en\/author\/hu_admin\/","sameAs":["https:\/\/dialogue.earth\/en\/author\/lisettearevalo\/"]}]}},"_links":{"self":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/posts\/50006562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/users\/40000225"}],"replies":[{"embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/comments?post=50006562"}],"version-history":[{"count":0,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/posts\/50006562\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/media?parent=50006562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/categories?post=50006562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/tags?post=50006562"},{"taxonomy":"hashtags","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/hashtags?post=50006562"},{"taxonomy":"country","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/country?post=50006562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}