Pluspetrol Maps Expansion in Ecuador’s Amazon as Regional Growth Accelerates

In Ecuador’s Amazonian province of Pastaza, Pluspetrol is preparing to expand its on-shore operations in Block 10 by filing environmental documents to bring the Oglán field into production alongside the existing Villano field. BnAmericas reports that the plan includes construction of a drilling platform for five development wells, access roads, a flow line, and a power-transmission line, with drilling at the Siccha field scheduled for 2026 after regulatory approval. Pluspetrol is also evaluating the Manderoyacu prospect. According to the country’s hydrocarbons regulator, Block 10 accounted for 7,253 barrels on 18 November, about 7 % of Ecuador’s total private oil output.

Since entering Ecuador in 2019, Pluspetrol has positioned Block 10 in the heart of its regional strategy, becoming the fourth-largest private upstream operator in the country. The company emphasises social-investment initiatives in health, education, institutional capacity and environmental programmes such as Ecuador Carbono Cero. However, these operations face scrutiny: Indigenous groups in the region accuse Pluspetrol of inadequate prior consultation, spill-related impacts and social divisions in villages within its concession.

Beyond Ecuador, Pluspetrol maintains a broader Latin American footprint, operating in Argentina, Bolivia, Peru and other countries while also expanding into mining and energy-transition assets. According to its 2024 Sustainability Report, the firm aims to heighten exploration of large gas reservoirs, mature fields with enhanced recovery, and unconventional resources in the region. Its multi-country operations underscore a strategy of combining production growth with diversification into critical minerals and renewables—key to the oil-and-gas sector’s shifting landscape in Latin America.

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