La Paz Oil Field (Venezuela)

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La Paz Oil Field is an operating oil field in Venezuela.

Project Details

Main Data

Table 1: Field-level project details for La Paz Oil Field

1Final Investment Decision
Unit name Status Operator Owner Discovery year FID1 year Production start year Production type
La Paz Operating[1] Petrourdaneta[2] PDVSA (60.0%); Maha Energy (40.0%)[2][3] 1925[4]

Production and Reserves

Table 2: Reserves of La Paz Oil Field

million bbl = million barrels of oil
Fuel description Reserves classification Quantity Units Data year Source
oil oil in place 4627 million bbl 2021 [1]
oil EUR 981 million bbl 2021 [1]
oil remaining recoverable reserves 66 million bbl 2021 [1]

Table 3: Production from La Paz 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 915 million bbl 2021 [1]
production oil 0.63 million bbl/y 2014 [5]

Location

Table 4: Field-level location details for La Paz Oil Field

Location Onshore/Offshore Coordinates (WGS 84)
Unknown, Venezuela Unknown No location data found

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 1.3 1.4 Rafael Sandrea, Martin Essenfeld (2021). "The Future of Venezuela's Oil Industry" (PDF). Eprinc. Archived (PDF) from the original on December 18, 2023. Retrieved December 15, 2023.
  2. 2.0 2.1 Francisco Monaldi, Igor Hernández, José la Rosa (43862). "The Collapse of the Venezuelan Oil Industry: The Role of Above-Ground Risks Limiting FDI" (PDF). Baker Institute. Archived (PDF) from the original on April 4, 2024. Retrieved April 4, 2024. {{cite web}}: Check date values in: |date= (help)CS1 maint: multiple names: authors list (link)
  3. https://web.archive.org/web/20240412172416/https://www.energy-pedia.com/news/venezuela/maha-pays-eur-4-6-million-and-signs-the-agreements-for-the-venezuelan-petrourdaneta-acquisition-194488. Archived from the original on 12 April 2024. {{cite web}}: Missing or empty |title= (help)
  4. (PDF) https://web.archive.org/web/20210921015850/http://edocs.nps.edu/AR/topic/theses/2004/May/04May_Light.pdf. Archived from the original (PDF) on 21 September 2021. {{cite web}}: Missing or empty |title= (help)
  5. "Petróleo y Otros Datos Estadísticos (PODE) 2014" (PDF). 2014. Archived (PDF) from the original on September 17, 2021.