Asset Report

Block 70/80

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Block 70/80 lies in the northeast part of Lake Maracaibo in Zulia State, south of PDVSA's Block B2X-68/79. It contains part of the Bolivar Coastal field.Block 70/80, formerly part of the Block B2X-70/80 Operating Service Agreement (OSA), was awarded in PDVSA's Third OSA Round (Marginal Fields) in 1997. This offered shut in or low production fields to the industry for reactivation under the terms of a service contract. Estimated in place resource in Block B2X-70/80 was 1.13 billion ...

Table of contents

  • Summary
  • Key Issues
  • Oil
  • Royalty
  • Corporate income taxes
  • Windfall taxes
  • Cash flow
  • Cash Flow

Tables and charts

This report includes the following images and tables:

  • Index Map
  • Detail Map
  • Participation
  • Field Hydrocarbon Characteristics
  • Discovery Summary
  • Reserves (2P) at 01/01/2025
  • Production (2015-2024)
  • Production Profile
  • Pipeline Summary
  • Capital Costs Pre-2016 to 2024 (US$ million)
  • Operating Costs 2024 to 2033 (US$ million)
  • 9 more item(s)...

What's included

This report contains:

  • Document

    Block 70/80

    XLS 822.00 KB

  • Document

    Block 70/80

    PDF 2.06 MB