This paper describes the development and application of a compositional chemical model of hydrocarbon generation, expulsion, and destruction for the Cretaceous La Luna Formation source rock of the Maracaibo basin, Venezuela. Applications include both laboratory and geological settings. Laboratory pyrolysis experiments were used to study bulk oil generation, expulsion, and associated changes in composition of the kerogen, extractable organic matter, and expelled and unexpelled hydrocarbons. The laboratory experiments were also used to determine kinetic parameters to quantitatively describe organic reactions, via a computer model that also includes simulation of pressure-driven primary expulsion, over widely varying conditions. We show that the chemical model accurately sim lates the experimental results. Thermal history models for wells in the Maracaibo basin were used to simulate hydrocarbon generation and pore pressure development in the La Luna Formation and expulsion into nearby Cretaceous reservoirs. Results of the modeling indicate that both compaction disequilibrium and organic maturation play important roles in the development of excess pore pressure in the La Luna Formation. The model simulation of the variation of indicators such as Rock-Eval parameters and extract and oil compositions shows generally good agreement with measurements from remaining kerogen, oils, and extracts recovered from the La Luna Formation and from nearby Cretaceous reservoirs.