Lagunillas Oil Field (Venezuela)

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Lagunillas Oil Field is an operating oil field in Venezuela.

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

Project Details

Main Data

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

¹Final Investment Decision

Unit name	Status	Operator	Owner	Discovery year	FID1 year	Production start year	Production type
Lagunillas	operating	Petrolera Bielovenezolana	Belorusneft [40%]; Petróleos de Venezuela SA [60%]	1925	–	–	–

Production and Reserves

Table 2: Reserves of Lagunillas Oil Field

million bbl = million barrels of oil

Fuel description	Reserves classification	Quantity	Units	Data year	Source
oil	1P reserves	2063.0	million bbl	2015	​
oil	oil in place	43577.0	million bbl	2021	​
oil	EUR	9219.0	million bbl	2021	​
oil	remaining recoverable reserves	1778.0	million bbl	2021	​
total liquids	1P reserves	2501.0	million bbl	2004	​

Table 3: Production from Lagunillas 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	7441.0	million bbl	2021	​
production	total liquids	51.47	million bbl/y	2004	​
production	oil	39.06	million bbl/y	2014	​
production	oil	29.2	million bbl/y	2015	​

Location

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

Location	Onshore/Offshore	Coordinates (WGS 84)
onshore, Venezuela	onshore	9.8179, -71.0365 (approximate)

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

Loading map...

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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.