Zuata Complex is a producing heavy oil field located onshore Venezuela and is operated by Petro-Anzoategui. The field is located in block Junin Area – (Petroanzoategui).
Field participation details
The field is owned by Petroleos de Venezuela.
Production from Zuata Complex
The Zuata Complex heavy oil field recovered 79.41% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 305 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2039. The field currently accounts for approximately 6% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 232.7 Mmboe, comprised of 232.7 Mmbbl of crude oil & condensate. Zuata Complex heavy oil field reserves accounts 0.51% of total remaining reserves of producing heavy oil fields globally.
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.