Asset Report
Petropiar (Hamaca)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Petropiar (formerly Hamaca) is one of the four original strategic association projects in Venezuela's Orinoco Heavy Oil Belt (the Faja) and was the last to be brought onstream. It is an integrated project involving exploitation of extra-heavy oil (XHO) from the Faja and upgrading the oil into a lighter synthetic crude (syncrude). The upgrader was designed to supply 190,000 b/d of syncrude.Production is fed to a central processing facility. A pipeline carries a mix of extra-heavy oil and ...
Table of contents
- Summary
- Key Issues
- Initial production phase
- Syncrude production phase
- Gas production
- Upgrader
- Enhanced oil recovery
- Capital costs
- Extra-heavy oil (XHO)
- Syncrude
- Gas
- Royalty
- 3 more item(s)...
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 wellsReserves (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 prices
- 7 more item(s)...
What's included
This report contains:
