Asset Report
Caracoles
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Caracoles was awarded in PDVSA's Third Round of Operating Service Agreements (Marginal Fields or OSAs). This round offered shut in or low production fields to the industry for reactivation under the terms of a service contract.In 1997, China National Petroleum Corporation (CNPC) was awarded the block with a 100% interest. Initial targets for the block were to raise production from 1,600 b/d (the initial baseline production) to 50,000 or 60,000 b/d. However, the complicated geology and ...
Table of contents
- Summary
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Key Issues
- Limited upside potential
- Historic
- Early exploration
- OSA exploration
- Operating costs
- Cash flow
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Field Hydrocarbon Characteristics of Most Significant FieldsReserves (2P) at 01/01/2026
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Production (2007-2016)Production ProfileCapital Costs Pre-2008 to 2016 (US$ million)Operating Costs 2016 to 2025 (US$ million)Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of Revenues
- 6 more item(s)...
What's included
This report contains:
