Venezuela

In 2018 we were present in Venezuela with our Exploration and Production businesses

Production/Development

By December 31, 2018, Repsol had the mineral rights to 8 production/development blocks in Venezuela with a net surface area of 853 Km2.

Net production that year was 3.0 Mbbl of oil and gas separated liquids and 110.1 Bcf of gas, with a total net production equivalent 22.7 Mboe (62,000 boe/d). The net proven reserves for liquids and natural gas were estimated at 514.2 Mboe, on December 31, 2018.

Data as of December 31, 2018.
Net surface area
of mineral rights
853km2
 
Net
Production
62,000
barrels of oil
equivalent per day
Net proved
reserves
514.2
million barrels
of oil
equivalent
Venezuela