Asset Report
Urdaneta Oeste
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Report summary
Urdaneta Oeste was originally offered to the private sector during PDVSA's Second Marginal Fields licensing round in 1993. This offered shut-in or low production fields to the industry for reactivation under the terms of a service contract (operating service agreement, or OSA).Shell took over operations in November 1993 when production was running at 6,000 b/d from the Río Negro reservoir. Shell invested heavily in facilities and the drilling of new wells throughout the OSA , ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
-
Geology
- Reservoir
- Well data
- Exploration
- Reserves and resources
- Production
- Development
- Infrastructure
- Costs
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Sales contracts
- Oil
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Fiscal and regulatory
- Royalty
- Corporate income taxes
- Windfall taxes
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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 23 images and tables including:
- Key facts: Table 1
- Index Map
- Detail Map
- Participation: 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
- Geology: Table 1
- Fiscal and regulatory: Table 1
What's included
This report contains: