Venezuela · asset class

Oil & Gas Fields in Venezuela

Venezuela has 104 oil & gas fields mapped on the OverWatts open energy atlas — the 15th-largest fleet of the 91 countries that hold any, and 1% of the world's mapped total. Of these, 99 operating and 4 under construction or proposed. The largest is Cerro Negro (Monagas) Oil Field (Venezuela).

The largest owner-operators are Petróleos de Venezuela SA (60), Repsol SA (6) and Petroquiriquire (5) — Petróleos de Venezuela SA alone is named on 58% of them. Half of Venezuela's oil & gas fields in service predate 1953 (median commissioning year of the 93 with a known date) and the oldest still listed is Mene Grande Oil Field (Venezuela), dating from 1914. 4 are in the pipeline, led by Cocuina Gas Field (Venezuela), proposed. They account for 47% of every energy asset OverWatts maps in Venezuela.

104
Oil & Gas Field in Venezuela
#15
of 91 countries
4
In construction / proposed

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Largest oil & gas fields in Venezuela

Who owns Venezuela's oil & gas fields

Counts an asset once per company named as its owner or operator; a joint venture counts for each partner.

When they were built

Median commissioning year 1953 · oldest Mene Grande Oil Field (Venezuela) (1914) · newest Perla Oil and Gas Field (Venezuela) (2015) · 93 of 104 carry a start date

Under construction & proposed

How Venezuela compares · oil & gas fields by country

Frequently asked

How many oil & gas fields are there in Venezuela?
OverWatts maps 104 oil & gas fields in Venezuela — 1% of the world's mapped total, the 15th-largest national fleet of the 91 countries with any.
What is the largest oil & gas field in Venezuela?
Cerro Negro (Monagas) Oil Field (Venezuela), operated by Petróleos de Venezuela.
Who owns the oil & gas fields in Venezuela?
Petróleos de Venezuela SA is named as owner or operator on the most — 60 of 104 (58%). Next are Repsol SA (6), Petroquiriquire (5) and Chevron Corp (4).
How old are Venezuela's oil & gas fields?
The median commissioning year is 1953, across the 93 in service with a known start date. The oldest still listed is Mene Grande Oil Field (Venezuela) (1914).
What new oil & gas fields are being built in Venezuela?
4 projects are under construction or proposed. The largest are Cocuina Gas Field (Venezuela), Dorado Gas Field (Venezuela) and Dragon Gas Field (Venezuela).

Other asset classes in Venezuela

Oil & Gas Fields in other countries