Petroecuador Oil Production Falls Short of August 2026 Target

State-owned Petroecuador produced 365,704 barrels daily in August 2026, missing its 370,000-barrel target.

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As of 2026-09-02 00:01 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.

Petroecuador produced an average of 365,704 barrels of crude oil daily in August 2026, falling short of the 370,000-barrel daily target projected by CEO Sebastián Maag. ^[1] Ecuador is currently under a red alert for the El Niño phenomenon, with projections indicating the phenomenon could strengthen during the coming months. ^[2] Petroecuador identified 27 strategic points requiring preventive actions against mass movements and potential flooding on September 1, 2026. ^[3] Petroecuador extracted an average of 363,371 barrels daily from January to August 2026, which is 24,512 barrels daily more than the 338,858 barrels daily average recorded in the same period of 2025. ^[4] Petroecuador has been executing preventive actions since May 2026 to protect infrastructure and ensure the continuity of hydrocarbon operations. ^[5] The preventive actions cover critical points of the Trans-Ecuadorian Oil Pipeline (SOTE), Esmeraldas-Santo Domingo-Quito and Pascuales-Cuenca multipipelines, fuel terminals, pumping stations, and the Esmeraldas and La Libertad refineries. ^[6]

What this stands on

Petroecuador produced an average of 365,704 barrels of crude oil daily in August 2026, falling short of the 370,000-barrel daily target projected by CEO Sebastián Maag. · Primicias

Ecuador is currently under a red alert for the El Niño phenomenon, with projections indicating the phenomenon could strengthen during the coming months. · Diario Expreso

Petroecuador identified 27 strategic points requiring preventive actions against mass movements and potential flooding on September 1, 2026. · Diario Expreso

Petroecuador extracted an average of 363,371 barrels daily from January to August 2026, which is 24,512 barrels daily more than the 338,858 barrels daily average recorded in the same period of 2025. · Primicias

Petroecuador has been executing preventive actions since May 2026 to protect infrastructure and ensure the continuity of hydrocarbon operations. · Diario Expreso

The preventive actions cover critical points of the Trans-Ecuadorian Oil Pipeline (SOTE), Esmeraldas-Santo Domingo-Quito and Pascuales-Cuenca multipipelines, fuel terminals, pumping stations, and the Esmeraldas and La Libertad refineries. · Diario Expreso

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