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
- Royalty
- Integrated Hydrocarbon Tax
- Corporate income taxes
- 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 (2016-2025)Production profileCapital Costs Pre-2017 to 2025 (US$ million)Operating Costs 2026 to 2035 (US$ million)Cash Flow (US$)PV Table (US$)
- 5 more item(s)...
What's included
This report contains:
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