Barúa Oil Field (Venezuela)

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Barúa Oil Field is an operating oil field in Venezuela.

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

Project Details

Main Data

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

1Final Investment Decision
Unit name Status Operator Owner Discovery year FID1 year Production start year Production type
Barúa operating[1] Petroquiriquire[2] Repsol SA [40%]; Petróleos de Venezuela SA [60%][2][2] 1958[3] – – –

Production and Reserves

Table 2: Reserves of Barúa Oil Field

million bbl = million barrels of oil
Fuel description Reserves classification Quantity Units Data year Source
oil oil in place 1869.0 million bbl 2021 ​[3]
oil EUR 427.0 million bbl 2021 ​[3]
oil remaining recoverable reserves 232.0 million bbl 2021 ​[3]

Table 3: Production from Barúa 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 195.0 million bbl 2021 ​[3]
production oil 3.81 million bbl/y 2014 ​[4]

Location

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

Basin Location Onshore/Offshore Coordinates (WGS 84)
Maracaibo onshore, Venezuela[5] onshore[5] 9.8108, -70.9369 (exact)[5]

The map below shows the exact location of Barúa 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. ↑ https://www.eleconomista.es/energia/noticias/12590296/12/23/repsol-firma-un-acuerdo-con-venezuela-para-reforzar-su-produccion-en-el-pais.html. {{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 3.2 3.3 3.4 (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)
  4. ↑ (PDF) http://www.minpet.gob.ve/images/pode/publicaciones/2014/PODE_2014.pdf. {{cite web}}: Missing or empty |title= (help)
  5. ↑ 5.0 5.1 5.2 (PDF) https://web.archive.org/web/20240108230410/https://pubs.usgs.gov/of/1980/0782/plate-1.pdf. Archived from the original (PDF) on 08 January 2024. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)