IndoVenezolana Opens Injection Plant

Instant Max AI

(Energy Analytics Institute, Aaron Simonsky, 15.May.2017) – Petrolera Indovenezolana opened a Saltwater Injection Plant in Zuata North field, Anzoátegui state to boost production and prevent reservoir declination. The field, located in Hugo Chávez Orinoco Oil Belt’s Junín Division, utilized Venezuelan technology during the early phase of the project, reported PDVSA in an official statement.

The project aims to recover production levels and increase it over the short term to 23,000 b/d from 18,500 b/d, PDVSA said. The medium-term goal is to achieve average production of 22,000 b/d which partners PDVSA and Indian company Oil and Natural Gas Corporation Videsh (ONGC) aim to maintain over a 10-yr period. Implementation of this secondary recovery method is expected to boost the current recovery factor to 15% from 9%; thus, recovering an additional 80 MMbbls, according to PDVSA.

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