Insight
Venezuela's road to recovery
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Internal politics and US sanctions have impacted the development of the Venezuelan upstream sector during the past several years. Specialized labor shortages, dilapidated infrastructure and lack of funding to new developments brought production to the lowest levels ever recorded. Despite this situation, if the existing sanctions are eased, investment in heavy oil projects can boost the production to 1.5 million b/d before the end of this decade. We investigate the evolving corporate players, fields driving the growth and look at the many risks and unknowns that make any Venezuela forecast wildly uncertain.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
What’s next for Venezuela’s coal market
Venezuela's coal industry could rebound post-Maduro with 700Mt reserves & high-quality bituminous coal, but needs major investment.
$1,100
Asset Report
Future exploration outlook
Focuses on the near-term exploration outlook until 2030 and the sector’s longer-term prospects to 2050.
$11,000
Asset Report
Blocks 3 and 4
Blocks 3 and 4 are two contiguous blocks located in central eastern Oman, producing around 26,400 b/d in 2024.
$3,720
