Asset Report
Venezuela Columbus exploration basin
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Venezuelan portion of the Columbus Basin - commonly known as the Plataforma Deltana - is on trend with the prolific gas plays in Trinidad & Tobago. Exploration in the Venezuelan sector of the basin has been minimal compared to its neighbour. There are currently no existing developments and a lack of infrastructure in this sector of the basin, which leads to high costs. Despite an agreement in place to jointly develop the Loran-Manatee cross-border field, there has been no movement in recent years towards development. The likelihood of exploration in the near term is minimal, given the economic and political crisis in Venezuela. In our modelling of gas prospects in the basin, domestic prices are too low to support future exploration and development.
Table of contents
- Key issues include:
Tables and charts
This report includes the following images and tables:
- Exploration history map
- Exploration wells by play
What's included
This report contains:
Other reports you may be interested in
Asset Report
Vermilion Energy Croatia fields
Vermilion Energy, a Canadian firm, entered Croatia in 2015 following the acquisition of four exploration licenses. It owns the Berak ...
$3,720
Asset Report
Daqing Oil Fields
The Daqing oil field complex, PetroChina's largest oil-producing complex in its domestic portfolio, is in the Songliao basin.
$3,720
Insight
US upstream in brief: ConocoPhillips prepares for next Alaska NPR-A exploration campaign
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
