Bachaquero Oil Field (Venezuela)

This article is part of the Global Oil and Gas Extraction Tracker, a Global Energy Monitor project.

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Bachaquero Oil Field is an operating oil field in Venezuela.

Along with Lagunillas Oil Field (Venezuela), Barúa Oil Field (Venezuela), Tía Juana Oil Field (Venezuela), and Ambrosio Oil and Gas Field (Venezuela), Bachaquero Oil Field is a part of the Bolivar Coastal Fields complex.

Project Details

Main Data

Table 1: Field-level project details for Bachaquero Oil Field

¹Final Investment Decision
Unit name	Status	Operator	Owner	Discovery year	FID¹ year	Production start year	Production type
Bachaquero	Operating^[1]	Petrozamora^[2]	PDVSA (60.0%); GazMin International Group (40.0%)^[2]^[3]	1930^[4]	–	–	–

Production and Reserves

Table 2: Reserves of Bachaquero Oil Field

million bbl = million barrels of oil
Fuel description	Reserves classification	Quantity	Units	Data year	Source
oil	1P reserves	1576	million bbl	2015	^[5]
oil	oil in place	31285	million bbl	2021	^[1]
oil	EUR	7635	million bbl	2021	^[1]
oil	remaining recoverable reserves	782	million bbl	2021	^[1]
total liquids	1P reserves	2295	million bbl	2004	^[4]

Table 3: Production from Bachaquero Oil Field

million bbl/y = million barrels of oil per year
million bbl = million barrels of oil
Category	Fuel description	Quantity	Units	Data year	Source
cumulative production	oil	6853	million bbl	2021	^[1]
production	oil	32.03	million bbl/y	2014	^[6]
production	oil	15.33	million bbl/y	2015	^[5]
production	total liquids	58.03	million bbl/y	2004	^[4]

Location

Table 4: Field-level location details for Bachaquero Oil Field


Location	Onshore/Offshore	Coordinates (WGS 84)
Onshore, Venezuela^[7]	Onshore^[8]	9.7123, -70.9898 (approximate)^[7]

The map below shows the approximate location of the field(s) within the Bolivar Coastal Fields complex:

Loading map...

Articles and Resources

Additional Data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.

References

↑ ^1.0 ^1.1 ^1.2 ^1.3 ^1.4 Rafael Sandrea, Martin Essenfeld (2021). "The Future of Venezuela's Oil Industry" (PDF). Eprinc. Archived (PDF) from the original on December 18, 2023. Retrieved December 15, 2023.
↑ ^2.0 ^2.1 Francisco Monaldi, Igor Hernández, José la Rosa (43862). "The Collapse of the Venezuelan Oil Industry: The Role of Above-Ground Risks Limiting FDI" (PDF). Baker Institute. Archived (PDF) from the original on April 4, 2024. Retrieved April 4, 2024. {{cite web}}: Check date values in: |date= (help)CS1 maint: multiple names: authors list (link)
↑ https://www.eldebate.com/internacional/20230314/gobierno-venezolano-otorga-40-petrozamora-testaferros-hijo-nicolas-maduro_100739.html#:~:text=Hasta%20septiembre%20de%202022%20la,parte%20expropiada%20a%20los%20rusos. {{cite web}}: Missing or empty |title= (help)
↑ ^4.0 ^4.1 ^4.2 "United States Securities And Exchange Commission Form 20F" (PDF). U.S. Securities and Exchange Commission. November 17, 2020. Archived (PDF) from the original on June 2, 2021. Retrieved March 17, 2021.
↑ ^5.0 ^5.1 "PETRÓLEOS DE VENEZUELA, S.A. EX-99.T3". U.S. Securities and Exchange Commission. October 1, 2016. Archived from the original on March 31, 2021. Retrieved March 31, 2021.
↑ "Petróleo y Otros Datos Estadísticos (PODE) 2014" (PDF). 2014. Archived (PDF) from the original on September 17, 2021.
↑ ^7.0 ^7.1 https://www.semanticscholar.org/paper/Geology-behind-barbed-wire%3A-James-Alfred-Richardson-Howarth/720092630ae2b774ff60cb5b49d3d3f7ee704d78. {{cite web}}: Missing or empty |title= (help)
↑ Natural Earth. 45078 https://www.naturalearthdata.com/downloads/10m-physical-vectors/10m-land/. Archived from the original on June 29, 2023. Retrieved June 29, 2023. {{cite web}}: Check date values in: |date= (help); Missing or empty |title= (help)

[Future_of_Venezuela's_Oil_Industry-1] 1.0 ^1.1 ^1.2 ^1.3 ^1.4 Rafael Sandrea, Martin Essenfeld (2021). "The Future of Venezuela's Oil Industry" (PDF). Eprinc. Archived (PDF) from the original on December 18, 2023. Retrieved December 15, 2023.

[COVOI2020-2] 2.0 ^2.1 Francisco Monaldi, Igor Hernández, José la Rosa (43862). "The Collapse of the Venezuelan Oil Industry: The Role of Above-Ground Risks Limiting FDI" (PDF). Baker Institute. Archived (PDF) from the original on April 4, 2024. Retrieved April 4, 2024. {{cite web}}: Check date values in: |date= (help)CS1 maint: multiple names: authors list (link)

[autoref_0-3] ttps://www.eldebate.com/internacional/20230314/gobierno-venezolano-otorga-40-petrozamora-testaferros-hijo-nicolas-maduro_100739.html#:~:text=Hasta%20septiembre%20de%202022%20la,parte%20expropiada%20a%20los%20rusos. {{cite web}}: Missing or empty |title= (help)

[PDVSA_2004_20F-4] 4.0 ^4.1 ^4.2 "United States Securities And Exchange Commission Form 20F" (PDF). U.S. Securities and Exchange Commission. November 17, 2020. Archived (PDF) from the original on June 2, 2021. Retrieved March 17, 2021.

[PDVSA_2015_EX-99-5] 5.0 ^5.1 "PETRÓLEOS DE VENEZUELA, S.A. EX-99.T3". U.S. Securities and Exchange Commission. October 1, 2016. Archived from the original on March 31, 2021. Retrieved March 31, 2021.

[PODE2014-6] "Petróleo y Otros Datos Estadísticos (PODE) 2014" (PDF). 2014. Archived (PDF) from the original on September 17, 2021.

[autoref_1-7] 7.0 ^7.1 https://www.semanticscholar.org/paper/Geology-behind-barbed-wire%3A-James-Alfred-Richardson-Howarth/720092630ae2b774ff60cb5b49d3d3f7ee704d78. {{cite web}}: Missing or empty |title= (help)

[NELand2023(A)-8] Natural Earth. 45078 https://www.naturalearthdata.com/downloads/10m-physical-vectors/10m-land/. Archived from the original on June 29, 2023. Retrieved June 29, 2023. {{cite web}}: Check date values in: |date= (help); Missing or empty |title= (help)

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