This information is available only to subscribers.
Start a free trial, to unlock the full potential of a subscription to BNamericas.
Already a subscriber? Please, login.

Carabobo 3

Project Stages

The development stages in the projects are displayed in the standard sequence for the industry. However, projects may be developed in a different sequence because of corporate decisions or events that push the owner to repeat stages. To access the full details of this project’s history please explore its milestones


Early Works
In Construction
Operation
Current Stage In production - under development
Start:01/2010
Project Details

Description

Carabobo 3 is composed of three blocks (blocks C2 South, C3 North and C5) and is being developed by Petroindependencia S.A, a joint venture composed by Chevron (34%), the consortium Japan Carabobo made up of Inpex-Mitsubishi-Jogmec (5%), Suelopetrol (1%). PDVSA owns the remaining 60%. This subdivision is made up of the areas Carabobo 2 Sur, Carabobo Norte and Carabobo 5. The Carabobo oil block is part of the Orinoco oil belt, one of the largest hydrocarbons reserves in the world. The Orinoco belt extends 55,314km2 and is divided into four areas: Boyacá, Junín, Ayacucho and Carabobo. The Carabobo block is split into three zones: Carabobo 1, Carabobo 2, and Carabobo 3. PDVSA has said that each of the three blocks has potential to produce 400,000-480,000b/d by 2018.

Only BNamericas Subscribers Can Access This Information.
Subscribe to BNamericas to gain better insight into project development and contract opportunities in Latin America.
  • Early-stage and under-development projects throughout the region
  • Project coverage focused on biggest investments in each country and sector
  • Project milestones highlighting planned and unplanned developments
  • Sales contacts within operators and contracted companies
  • Access to experienced research staff
  • Risk analysis of cost increases, scheduling conflicts and regulatory environment
Already a subscriber? Please, login

Milestones Log and News

Locked content

Dear visitor, this table includes insights that is only available for subscribers

Related Companies

Name Sector Country Relation
Locked content
Project Owners
Locked content
Project Owners
Dear visitor, this table includes insights that is only available for subscribers

  • * Figures and dates are as per the latest publicly available information, as well as information gathered by BNamericas reporters and analysts and are subject to change.

  • * Changes to original budget estimates are shown as the total figure available and may include interest, working capital, inflation adjustments and other contingencies in addition to capital expenditure.

  • * Amounts and overall results are shown in US dollars unless otherwise stated.

  • * BNamericas does not guarantee the sequence, accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. There are no express or implied warranties. In no event shall BNamericas, its agents, directors, officers, employees, representatives, successors, and assigns be liable for any damages of any nature in connection with BNamericas content.


Key Specs

Full Name
Carabobo 3
Project Type
Conventionals, Crude oil, Onshore, Upstream
Development Phase
In production - under development
Project Status
Active
Project Capacity
 Conventionals
400,000  b/d (barrels per day)  Crude oil
 Onshore
 Upstream
Location

Carabobo 3 is located in the Carabobo block, in the states of Anzoátegui and Monagas, and by the Orinoco river, 450km from Caracas.

* The map coordinates provided represent the approximate latitude and longitude, and not the exact location, of the project in question.

 

 


Locked content
Owner / operator
Locked content
Owner / operator
Locked content
General Manager Operations and Engineering
Locked content
Project Manager at PDFVSA Industrial
Dear visitor, this table includes insights that is only available for subscribers