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The AAPG/Datapages Combined Publications Database

Journal of Petroleum Geology

Abstract

Journal of Petroleum Geology, vol. 23 (1), January 2000, pp. 5-53.
Copyright copyrght.jpg (4253 bytes)2000 by Scientific Press Ltd. All rights reserved.

THE VENEZUELAN HYDROCARBON HABITAT, PART 1: TECTONICS, STRUCTURE, PALAEOGEOGRAPHY AND SOURCE ROCKS

K. H. James*


Venezuela forms part of an important hydrocarbon province, defined by the presence of prolific Cretaceous source rocks, which extends across northern South America. By early 1997, the country had produced 53 billion barrels of oil. Reserves are estimated to total 73 billion barrels of oil and 146 TCF of gas with 250 billion barrels recoverable in the Heavy Oil Belt. Most reserves are located within the intermontane Maracaibo and foreland Barinas-Apure and Eastern Venezuela Basins.They correspond to more than 1.5 trillion BOE originally in place.

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