Crude Oil Production in Ecuador decreased to 514 BBL/D/1K in October from 519 BBL/D/1K in September of 2018. Crude Oil Production in Ecuador averaged 467.94 BBL/D/1K from 1994 until 2018, reaching an all time high of 563 BBL/D/1K in November of 2014 and a record low of 329 BBL/D/1K in July of 1998.
Crude Oil Production in Ecuador is expected to be 513.82 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Ecuador to stand at 514.56 in 12 months time. In the long-term, the Ecuador Crude Oil Production is projected to trend around 514.56 BBL/D/1K in 2020, according to our econometric models.