OPEC Deal Implies 1.972 MMb/d from Venezuela

(Energy Analytics Institute, Piero Stewart, 27.Jun.2018) – OPEC’s recent agreement in Vienna implies Venezuela’s commitment to comply with oil production of 1.972 million barrels per day for the second semester of 2018. The agreement was announced at the recent meeting – the 4th Ministerial Meeting of Oil Exporting Countries Organization […]

Venezuela Says 23,319 Wells Have 1.4 MMb/d Recovery Potential

(Energy Analytics Institute, Piero Stewart, 5.Jun.2018) – Venezuela’s Oil Minister Manuel Quevedo says the state oil company has identified 23,319 wells which have potential to recover Venezuela’s oil production by 1.426 million barrels per day (MMb/d). Quevedo, who also serves as the president of PDVSA, made the announcement in La […]