Asset Report
Petromonagas (Cerro Negro)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Petromonagas (formerly Cerro Negro) is one of the four original Strategic Association projects in Venezuela's Orinoco Heavy Oil Belt (the Faja). It was the second to be brought onstream. As with the other three projects, Petromonagas is an integrated project involving the exploitation of extra-heavy oil (XHO) and upgrading it into a lighter synthetic crude (syncrude). The Petromonagas upgrader is the least sophisticated of the four projects and its syncrude is the heaviest at 16.5° ...
Table of contents
- Summary
- Key Issues
- 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 01/01/2026Production (2015-2024)Production ProfileCapital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2024 to 2033 (US$ million)Annual Gas PricesCash Flow (US$)
- 6 more item(s)...
What's included
This report contains:
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