Carabobo-1 Oil Project (Venezuela)

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Oil and gas extraction Oil and gas pipelines LNG terminals

Carabobo-1 Oil Project is an operating oil project in Venezuela.

Carabobo-1 Oil Project is a part of the Carabobo-1 complex.

Project Details

Main Data

Table 1: Project-level project details for Carabobo-1 Oil Project

¹Final Investment Decision
²If a country or region is known to not produce any hydrocarbons in an unconventional method, this production type is assumed to be conventional

Unit name	Status	Operator	Owner	Discovery year	FID1 year	Production start year	Production type2
Carabobo-1	Operating	Petrocarabobo	PDVSA (71.0%); Repsol (11.0%); ONGC Videsh Limited (11.0%); Indian Oil Corporation Limited (3.5%); Oil India Limited (3.5%)	–	–	2012	Conventional

Production and Reserves

Table 2: Reserves of Carabobo-1 Oil Project

million bbl = million barrels of oil

Fuel description	Reserves classification	Quantity	Units	Data year	Source
oil	recoverable reserves	31000	million bbl	2013	​

Table 3: Production from Carabobo-1 Oil Project

million bbl/y = million barrels of oil per year

Category	Fuel description	Quantity	Units	Data year	Source
production	oil	10.95	million bbl/y	2013
production	oil	8.26	million bbl/y	2018
production design capacity	oil	146	million bbl/y	2014

Location

Table 4: Project-level location details for Carabobo-1 Oil Project

Concession/Block	Location	Onshore/Offshore	Coordinates (WGS 84)
Carabobo-1 Norte and Carabobo-1 Centro	Onshore, Venezuela	Onshore	8.4187, -64.7396 (approximate)

The map below shows the approximate location of the project:

Loading map...

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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.