Bachaquero Oil Field (Venezuela)

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Bachaquero Oil Field is an operating oil field in Venezuela.

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

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] GazMin International Group [40%]; Petróleos de Venezuela SA [60%][2][3][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 1576.0 million bbl 2015 ​[5]
oil remaining recoverable reserves 782.0 million bbl 2021 ​[1]
oil EUR 7635.0 million bbl 2021 ​[1]
oil oil in place 31285.0 million bbl 2021 ​[1]
total liquids 1P reserves 2295.0 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 6853.0 million bbl 2021 ​[1]
production total liquids 58.03 million bbl/y 2004 ​[4]
production oil 32.03 million bbl/y 2014 ​[6]
production oil 15.33 million bbl/y 2015 ​[5]

Location

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

Location Onshore/Offshore Coordinates (WGS 84)
onshore, Venezuela[7][8] onshore[9] 9.7123, -70.9898 (approximate)[7][8]

The map below shows the approximate location of Bachaquero Oil Field:

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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. ↑ 1.0 1.1 1.2 1.3 1.4 (PDF) https://eprinc.org/wp-content/uploads/2021/09/The-Future-of-Venezuela%E2%80%99s-Oil-Industry.pdf. {{cite web}}: Missing or empty |title= (help)
  2. ↑ 2.0 2.1 2.2 (PDF) https://web.archive.org/web/20240408214014/https://www.bakerinstitute.org/sites/default/files/2020-02/import/fdi-monaldi-venezuela_uSQ8FHh.pdf. Archived from the original (PDF) on 08 April 2024. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  3. ↑ 3.0 3.1 https://web.archive.org/web/20240415170102/https://www.eldebate.com/internacional/20230314/gobierno-venezolano-otorga-40-petrozamora-testaferros-hijo-nicolas-maduro_100739.html. Archived from the original on 15 April 2024. {{cite web}}: Missing or empty |title= (help)
  4. ↑ 4.0 4.1 4.2 (PDF) https://web.archive.org/web/20220425201615/https://www.sec.gov/Archives/edgar/data/906424/000114036106016747/form20-f.pdf. Archived from the original (PDF) on 25 April 2022. {{cite web}}: Missing or empty |title= (help)
  5. ↑ 5.0 5.1 https://web.archive.org/web/20230507230955/https://www.sec.gov/Archives/edgar/data/906424/000119312516712239/d171369dex99t3e.htm. Archived from the original on 07 May 2023. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  6. ↑ (PDF) http://www.minpet.gob.ve/images/pode/publicaciones/2014/PODE_2014.pdf. {{cite web}}: Missing or empty |title= (help)
  7. ↑ 7.0 7.1 (PDF) https://emiliobarreto.wordpress.com/wp-content/uploads/2019/05/geologc3ada-de-venezuela.pdf. {{cite web}}: Missing or empty |title= (help)
  8. ↑ 8.0 8.1 https://www.semanticscholar.org/paper/Geology-behind-barbed-wire%3A-James-Alfred-Richardson-Howarth/720092630ae2b774ff60cb5b49d3d3f7ee704d78. {{cite web}}: Missing or empty |title= (help)
  9. ↑ https://www.naturalearthdata.com/downloads/10m-physical-vectors/10m-land/. {{cite web}}: Missing or empty |title= (help)