Asset Report
Junin 6
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Junin 6 is located in Venezuela's Orinoco Heavy Oil Belt (also known as the Faja). The Faja is the world's largest heavy oil deposit with oil in place of 1,300 billion barrels. The empresa mixta PetroMiranda was formed to develope Junin 6 in 2010. Production began in 2012.Challenging project economics have recently resulted in production decline, with PDVSA increasingly facing financial challenges after the US sanctions were imposed in 2019.
Table of contents
- Summary
- Key Issues
- Wells
- Royalty
- 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 MapParticipation
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Field Hydrocarbon CharacteristicsReserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2015-2024)Production ProfileCapital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2024 to 2033 (US$ million)Cash Flow (US$)PV Table (US$)
- 5 more item(s)...
What's included
This report contains:
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