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April 28, 2022

Ayacucho – 6 Heavy Oil Field, Venezuela

By Carmen

Ayacucho – 6 is a heavy oil development located onshore Venezuela and is operated by ENARSA-PDVSA-ANCAP Consortium. Ayacucho – 6 lies in block Ayacucho 6.

The project is currently in feasibility stage and is expected to start commercial production in 2024.

Field participation details

The field is owned by Petroleos de Venezuela, Integracion Energetica Argentina, Administracion Nacional de Combustibles and Alcoholes y Portland.


Production from Ayacucho – 6

Production from the Ayacucho – 6 heavy oil development project is expected to begin in 2024 and is forecast to peak in 2026, to approximately 8,907 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2069.


Remaining recoverable reserves

The field is expected to recover 48.97 Mmboe, comprised of 48.97 Mmbbl of crude oil & condensate.


Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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