PDVSA Gas to Develop Deltana's Block 1 Alone
Venezuelan state natural gas firm PDVSA Gas has decided to develop block 1 of its offshore Plataforma Deltana project area without seeking a partner, company president Anibal Rosas told BNamericas.
"Yes, in that one we will go solo," he said in reference to block 1. "There are areas that we will handle ourselves; we have developed the expertise in a short time."
The property holds at least 1 trillion cubic feet (Tf3) of natural gas reserves, according to the government.
"In other offshore areas, yes we will seek [to partner] with people that have experience," Rosas said, declining to provide a detailed E&P schedule for the block 1 development.
Some government oil and gas experts in the past believed that PDVSA would need a partner for block 1, where the government has said that early production could reach 200 million cubic feet a day (Mmf3/d).
PDVSA Gas is a unit of state oil firm PDVSA.
Visit BNamericas to access our real-time news reports, 7-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.
Operates 15 Offshore Rigs
Manages 26 Offshore Rigs
- Venezuela Confirms Discussing Citgo Collateral Swap With Rosneft (Oct 04)
- Venezuelans Face Growing Queues To Buy Gasoline (Sep 21)
- Venezuela's Crude Supply To The United States Was Flat In August (Sep 13)