Asset Report

Corocoro

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Corocoro is an offshore block located in the Gulf of Paria to the west of Trinidad. Both Corocoro and the surrounding exploration licence, known as Golfo de Paria Oeste, are covered in this analysis. Approval for Phase I of Corocoro development was given in April 2003 and PDVSA subsidiary CVP acquired a 35% participating interest in the project. Phase I entailed the development planned for the installation of one wellhead platform, one platform-mounted processing facility (CPF) and Nabarima ...

Table of contents

  • Summary
  • Key Issues
  • Historic
  • Reservoirs
  • Oil
  • Gas
  • Royalty
  • Corporate income taxes
  • Windfall taxes
  • Cash Flow
  • Indicative Technical Valuations

Tables and charts

This report includes the following images and tables:

  • Index map
  • Detail map
  • Participation
  • Field hydrocarbon characteristics
  • Discovery Summary
  • Reserves (2P) at 01/01/2026
  • Contingent Resources (2C) at 01/01/2026
  • Production (2015-2024)
  • Production profile
  • 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

    Corocoro

    PDF 3.10 MB

  • Document

    Corocoro

    PDF 1.92 MB