The field produces around 21 million cubic feet of gas per day from three operating wells, the company said in a statement.
Including the three producing wells, the field has a total of 17 drilled wells, the statement added.
"Intense work and evaluation of possible interventions and reconditioning of the existing wells was carried out but an economically viable solution could not be found. Petroecuador does not have the technical know-how or necessary personnel to undertake this operation," it said.
The hope of the bidding process is to find an international operator with the correct knowledge base to run the gas field, Petroecuador added.
