Asset Report

Urdaneta Oeste

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Urdaneta Oeste was originally offered to the private sector during PDVSA's Second Marginal Fields licensing round in 1993. This offered shut-in or low production fields to the industry for reactivation under the terms of a service contract (operating service agreement, or OSA).Shell took over operations in November 1993 when production was running at 6,000 b/d from the Río Negro reservoir. Shell invested heavily in facilities and the drilling of new wells throughout the OSA , ...

Table of contents

  • Summary
  • Key Issues
  • Operating costs
  • Oil
  • Royalty
  • Corporate income taxes
  • Windfall taxes
  • Cash flow
  • Cash Flow

Tables and charts

This report includes the following images and tables:

    Index MapDetail MapParticipation
    Field Hydrocarbon CharacteristicsDiscovery SummaryReserves (2P) at 01/01/2026Production (2015-2024)Production ProfilePipeline SummaryCapital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2025 to 2034 (US$ million)
  • 8 more item(s)...

What's included

This report contains:

  • Document

    Urdaneta Oeste

    PDF 2.93 MB

  • Document

    Urdaneta Oeste

    PDF 2.93 MB