Insight
Venezuela's road to recovery
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Internal politics and US sanctions have impacted the development of the Venezuelan upstream sector during the past several years. Specialized labor shortages, dilapidated infrastructure and lack of funding to new developments brought production to the lowest levels ever recorded. Despite this situation, if the existing sanctions are eased, investment in heavy oil projects can boost the production to 1.5 million b/d before the end of this decade. We investigate the evolving corporate players, fields driving the growth and look at the many risks and unknowns that make any Venezuela forecast wildly uncertain.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Venezuela's oil recovery faces constraints: asset potential notwithstanding (Part 1)
Access has reopened—but policy uncertainty and execution risks will determine whether Venezuela scales beyond incremental recovery.
$1,350
Asset Report
Diadema Area
The Diadema area is located in the northern flank of the San Jorge basin and contains a group of licences operated by private Argentine ...
$3,720
Asset Report
Wadi Aswad Contract Area (Block 5)
Block 5 (Wadi Aswad) is in western Oman, 275 kilometres from the capital Muscat. It is close to PDO's prolific Lekhwair field and ...
$3,720
