Asset Report
El Furrial
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The 1986 discovery of the giant El Furrial field was the first significant discovery to be made in South America in over 25 years and came at a time when national production (under exclusive PDVSA operatorship since nationalisation in 1976) had declined to its lowest point since 1950. El Furrial went on to become the highest producing oil field in Venezuela, reaching a peak in 1998.Historically, all gas was reinjected. In 2016, gas commercialisation began after the completion of a four-year ...
Table of contents
- Summary
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Key Issues
- Operating costs
- Royalty
- Integrated Hydrocarbon Tax
- Corporate income taxes
- Windfall taxes
- Cash Flow
- Indicative Technical Valuations
Tables and charts
This report includes the following images and tables:
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Index mapDetail mapParticipation
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Hydrocarbon and reservoir qualityKey E&A wellsDiscovery summaryReserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2016-2025)Production profilePipeline summaryCapital Costs Pre-2017 to 2025 (US$ million)
- 11 more item(s)...
What's included
This report contains:
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