Asset Report
Quiriquire Oil
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Report summary
Quiriquire was originally awarded in PDVSA's Second Round of Operating Service Agreements (OSAs, or Marginal Fields), which offered shut-in or low production fields to the industry for reactivation under the terms of a service contract. At the time of the award, minor amounts of heavy oil (12 - 16 °API) were being produced from the Quiriquire Shallow (Somero) oil field, which had been producing since 1928 and was extremely depleted. Boosting production was problematic and reserve ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
- Production
-
Development
- Somero/Quiriquire Shallow
- Tropical
-
Infrastructure
- Oil
- Gas
- Costs
-
Sales contracts
- Oil
- Gas
-
Fiscal and regulatory
- Royalty
- Corporate income taxes
- Windfall taxes
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 24 images and tables including:
- Key facts: Table 1
- Index Map
- Detail map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Exploration: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production Profile
- Infrastructure: Table 1
- Costs: Table 1
- Costs: Table 2
- Operating Costs
- Cash Flow
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Present Value Price Sensitivities
- Sales contracts: Table 1
- Fiscal and regulatory: Table 1
What's included
This report contains:
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