Asset Report
Petromonagas (Cerro Negro)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Petromonagas (formerly Cerro Negro) is one of the four original Strategic Association projects in Venezuela's Orinoco Heavy Oil Belt (the Faja). It was the second to be brought onstream. As with the other three projects, Petromonagas is an integrated project involving the exploitation of extra-heavy oil (XHO) and upgrading it into a lighter synthetic crude (syncrude). The Petromonagas upgrader is the least sophisticated of the four projects and its syncrude is the heaviest at 16.5° ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Geology
- Exploration
- Reserves and resources
-
Production
- Initial production phase (1999 to 2001)
- Syncrude production phase (2001 to present)
- Gas production
-
Development
- Wells
- Early drilling programme
- Future drilling
-
Infrastructure
- Pipeline
- Field facilities
-
Upgrader
- Solids handling facilities
-
Costs
- Capital costs
- Operating costs
-
Sales contracts
- Extra-heavy oil
- Syncrude
- Coke and sulphur
- Gas
- 3 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Index map
- Detail map
- Participation: Table 1
- Geology: Table 1
- Reserves and resources: Table 1
- Cash Flow
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2025
- 10 more item(s)...
What's included
This report contains:
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