Bare Oil and Gas Field (Venezuela)

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Bare Oil and Gas Field is an operating oil and gas field in Venezuela.

Project Details

Main Data

Table 1: Field-level project details for Bare Oil and Gas Field

*Final Investment Decision
Unit name Status Operator Owner Discovery year FID* year Production start year
Bare Operating[1] PDVSA[2] 1950[3]

Production and Reserves

Table 2: Reserves of Bare Oil and Gas Field

million m³ = million cubic meters million bbl = million barrels of oil
Fuel Description Reserve Classification Quantity Units Data Year Source
gas remaining reserves 26659.51 million m³ 2020 [4]
oil 1P reserves 1833 million bbl 2015 [3]
oil remaining reserves 1804.24 million bbl 2020 [4]
oil proven reserves 1824 million bbl 2016 [1]
total liquids 1P reserves 1992 million bbl 2004 [2]

Table 3: Production from Bare Oil and Gas Field

million bbl/y = million barrels of oil per year
Category Fuel Description Quantity Units Data Year Source
production oil 22.63 million bbl/y 2015 [3]
production total liquids 22.63 million bbl/y 2004 [2]
production oil 17.89 million bbl/y 2016 [1]

Location

Table 4: field-level location details for Bare Oil and Gas Field

Location Coordinates (WGS 84)
Onshore, Venezuela[3] 8.941, -64.426 (approximate)[3]

The map below shows the approximate location of the 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 PDVSA (2016). "Informe de Gestion Anual 2016" (PDF). PDVSA. Archived (PDF) from the original on December 19, 2023. Retrieved December 18, 2023.
  2. 2.0 2.1 2.2 "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.
  3. 3.0 3.1 3.2 3.3 3.4 "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.
  4. 4.0 4.1 "PROPUESTA de REESTRUCTURACIÓN PETROLEOS DE VENEZUELA S.A." (PDF). El Pitazo. March 1, 2020. Archived (PDF) from the original on February 16, 2021.