Asset Report
Quiriquire Oil
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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
- Summary
- Key Issues
- Operating Costs
- Royalty
- Integrated Hydrocarbon Tax
- Corporate income taxes
- Windfall taxes
- Cash Flow
Tables and charts
This report includes the following images and tables:
-
Index MapDetail mapParticipation
-
Field hydrocarbon characteristicsDiscovery SummaryReserves (2P) at 01/01/2026Production (2015-2024)Production profilePipeline SummaryCapital Costs Pre-2017 to 2025 (US$ million)Operating Costs 2026 to 2035 (US$ million)
- 8 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
Quiriquire Gas
Quiriquire contains two fields that are predominantly gas rich, namely San Luis and Quiriquire Deep. Exploitation of the San Luis or ...
$3,720
Insight
Russia and Caspian upstream in brief
Rolling coverage of the most important events affecting the upstream industry in Russia, Central Asia and Caucasus.
$1,350
Insight
Sub-Saharan Africa upstream in brief
The latest stories and trends in the Sub-Saharan Africa upstream sector combined with our expert opinion and analysis.
$1,350
