Asset Report
Falcon Este
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Falcón Este block is situated on the Caribbean coast of Venezuela and encompasses two mature oil and gas fields, Cumarebo and La Vela. Cumarebo was reactivated in 1996, but liquids production remains low. The second field, La Vela, initially produced liquids intermittently under an extended test permit and was brought fully onstream in 2004.Prior to the block's conversion to an empresa mixta in 2006, two gas sales addendums were secured between PetroFalcon and PDVSA. The ...
Table of contents
- Summary
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Key Issues
- Negative cashflow
- Historic
- Oil
- Gas
- Historic activity
- Liquids
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Gas
- Interconexión Centro-Occidente (ICO) pipeline
- Exploration costs
- Capital costs
- Operating costs
- Oil
- 5 more item(s)...
Tables and charts
This report includes the following images and tables:
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Field Hydrocarbon CharacteristicsReserves (2P) at 01/01/2026
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Contingent Resources (2C) at 01/01/2026Production (2007-2016)Production ProfileCapital Costs Pre-2008 to 2016 (US$ million)Operating Costs 2016 to 2025 (US$ million)Annual Gas PricesCash Flow (US$)PV Table (US$)
- 8 more item(s)...
What's included
This report contains:
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