Asset Report

Petrocedeno (Sincor)

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Petrocedeño (formerly Sincrudos de Oriente C.A., or Sincor) is one of the four original projects in Venezuela's Orinoco Heavy Oil Belt (the Faja). In 2000, it became the third project to be brought onstream. It is an integrated project that includes exploiting extra-heavy oil (XHO) and upgrading it into a lighter synthetic crude (syncrude) for export.Petrocedeño produces 8.3° API gravity crude at the field, which is upgraded to a 32° API syncrude marketed as the ...

Table of contents

  • Summary
  • Key Issues
  • Gas
  • Water production
  • Phase 2 drilling
  • Field facilities
  • Transport and storage
  • Upgrader
  • Capital costs
    • Extra-heavy oil
  • Windfall taxes
  • Cash flow
  • 2 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Index map
  • Detail map
  • Participation
  • Field hydrocarbon characteristics
  • Reserves (2P) at 01/01/2026
  • Production (2015-2024)
  • Production profile
  • Capital 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:

  • Document

    Petrocedeno (Sincor)

    XLS 609.50 KB

  • Document

    Petrocedeno (Sincor)

    PDF 2.69 MB