Asset Report
Carabobo Project 1
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Carabobo Project 1 covers two blocks, Carabobo-1 Norte and Carabobo-1 Central. The blocks are located in the eastern area of Venezuela's Orinoco Heavy Oil Belt (also as known as the Faja) and neighbour the Petromonagas (Cerro Negro) heavy oil project. The Faja is the world's largest heavy oil deposit with oil in place of 1,300 billion barrels. The project began production in December 2012.Despite challenging project economics, the operator has been able to sustain production at ...
Table of contents
- Summary
- Key Issues
- Facilities
- Windfall taxes
- Cash flow
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Index mapDetail mapCurrent participation
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Field hydrocarbon characteristicsReserves (2P) at 01/01/2026Production (2015-2024)Production profileCapital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2024 to 2033 (US$ million)Cash Flow (US$)PV Table (US$)Summary Table (US$)
- 4 more item(s)...
What's included
This report contains:
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