Career
Obregón spent the majority of his professional career with. He has made over 300 appearances in the defensive midfield position and captained the team for a number of years before ceding the position to Patricio Urrutia. At the international stage, Obregón earned 58 caps for the Ecuadorian national team between 1995 and 2004.
His debut came on October 25, 1995 in a friendly against Bolivia.
He would go on to form part of the squad that participated in the 2002 Fédération internationale de football association World Cup and played at the Copa América in 2001 and 2004. His last match came in the 2004 Copa América against Uruguay.
He currently serves as the sporting director for LDU Portoviejo in his hometown.