Varadero Oil Field (Matanzas, Cuba)

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Varadero Oil Field is an operating oil field in Matanzas, Cuba.

Project Details

Main Data

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

*Final Investment Decision
Unit name Status Operator Owner Discovery year FID* year Production start year
Varadero Operating[1] CUPET[2] CUPET (100.0%)[3] 1971[4]

Production and Reserves

Table 2: Reserves of Varadero Oil Field

million bbl = million barrels of oil
Fuel Description Reserve Classification Quantity Units Data Year Source
oil oil in place 11300 million bbl 2015 [5]
oil reserves 7314.67 million bbl 2017 [6]

Table 3: Production from Varadero Oil Field

million bbl = million barrels of oil
Category Fuel Description Quantity Units Data Year Source
cumulative production oil 231 million bbl 2018 [7]

Location

Table 4: field-level location details for Varadero Oil Field

Location Coordinates (WGS 84)
Matanzas, Cuba[1] 23.147, -81.343 (exact)[1]

The map below shows the exact 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 Jeremy Beckman (2019). "Cuba pushing exploration to deeper water frontier plays". Offshore Magazine. Archived from the original on Nov 23, 2023. Retrieved Nov 22, 2023.
  2. https://web.archive.org/web/20220309212845/https://www.digitalrefining.com/article/1001355/cubas-oil-due-for-development. Archived from the original on 09 March 2022. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  3. https://web.archive.org/web/20220406024120/https://www.cupet.cu/?lang=en. Archived from the original on 06 April 2022. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  4. https://web.archive.org/web/20230329201737/https://www.ascecuba.org/asce_proceedings/cubas-energy-challenge-a-second-look/. Archived from the original on 29 March 2023. {{cite web}}: Missing or empty |title= (help)
  5. https://web.archive.org/web/20210727171025/https://www.ogj.com/home/article/17236889/cuba-seeks-more-tests-of-deepwater-potential. Archived from the original on 27 July 2021. {{cite web}}: Missing or empty |title= (help)
  6. Cuba Standard (2017). "Cuba's Northern Oil Belt". Cuba Standard. Archived from the original on Nov 23, 2023. Retrieved Nov 20, 2023.
  7. (PDF) https://web.archive.org/web/20210628021403/https://arpel.org/media/apps/articles/attachments/3%20Prospectivity%20Analysis.pdf. Archived from the original (PDF) on 28 June 2021. {{cite web}}: Missing or empty |title= (help)