Venezuela moved into first place in terms of oil reserves, to 296,500 million barrels Venezuela
updated and formalized its oil reserves to 296,500 million barrels to the December 31, 2010, occupying first place officially in terms of proven reserves in the world.
The figure was published in the Official Gazette No. 39,615 dated February 14, 2011.
With this certification, Venezuela surpassed Saudi Arabia, a nation that ranked first in the world with the largest oil reserves in accounting for 265,000 million barrels.
This figure is achieved after the introduction of new proven reserves, which reached the figure of 86.411 million barrels, from both traditional areas of the nation in the courts of Barcelona, \u200b\u200bMaracaibo, Maturin, Barinas, Cumana and existing condensate offshore area, Cardon IV, Pearl City, in Falcon State.
As the Orinoco Oil Belt (FPO) in Boyacá blocks 3, 4 Boyacá, Boyacá 6, 7 and Boyacá Boyacá 8, Guariquito Aguaro Park, Ayacucho Ayacucho 1 and 8, Junín 6, 7 Junin, Junin 8, Junín 9, Petroindependencia joint ventures, Petrocarabobo, Petrocedeño, Petropiar, Sinovensa, and the block operated by PDVSA (ex Bitor).
In summary, the contribution of traditional and offshore areas is 242,413 MBN, and the area of \u200b\u200bthe Strip: 86,168,776 MBN.
According to a press release, the amount of proven oil reserves derived the audited annual production in order to get the balance of remaining proven oil reserves at the end of 2010.
quantification and certification of reserves is part of the Orinoco Magna Reserva Socialist Project, which includes the quantification of the original oil in place, a process involving the state oil company Petroleos de Venezuela SA (PDVSA) with companies in several countries .
The results are subject to certification by independent international companies, so that after they become official by the Ministry of Popular Power for Energy and oil to settle in Books Official Reserves Proved Oil . (TalCual)
updated and formalized its oil reserves to 296,500 million barrels to the December 31, 2010, occupying first place officially in terms of proven reserves in the world.
The figure was published in the Official Gazette No. 39,615 dated February 14, 2011.
With this certification, Venezuela surpassed Saudi Arabia, a nation that ranked first in the world with the largest oil reserves in accounting for 265,000 million barrels.
This figure is achieved after the introduction of new proven reserves, which reached the figure of 86.411 million barrels, from both traditional areas of the nation in the courts of Barcelona, \u200b\u200bMaracaibo, Maturin, Barinas, Cumana and existing condensate offshore area, Cardon IV, Pearl City, in Falcon State.
As the Orinoco Oil Belt (FPO) in Boyacá blocks 3, 4 Boyacá, Boyacá 6, 7 and Boyacá Boyacá 8, Guariquito Aguaro Park, Ayacucho Ayacucho 1 and 8, Junín 6, 7 Junin, Junin 8, Junín 9, Petroindependencia joint ventures, Petrocarabobo, Petrocedeño, Petropiar, Sinovensa, and the block operated by PDVSA (ex Bitor).
In summary, the contribution of traditional and offshore areas is 242,413 MBN, and the area of \u200b\u200bthe Strip: 86,168,776 MBN.
According to a press release, the amount of proven oil reserves derived the audited annual production in order to get the balance of remaining proven oil reserves at the end of 2010.
quantification and certification of reserves is part of the Orinoco Magna Reserva Socialist Project, which includes the quantification of the original oil in place, a process involving the state oil company Petroleos de Venezuela SA (PDVSA) with companies in several countries .
The results are subject to certification by independent international companies, so that after they become official by the Ministry of Popular Power for Energy and oil to settle in Books Official Reserves Proved Oil . (TalCual)
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