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Carabobo Field
Carabobo is an oil field located in Venezuela's Orinoco Belt. As one of the world's largest accumulations of recoverable oil, the recent discoveries in the Orinoco Belt have led to Venezuela holding the world's largest recoverable reserves in the world, surpassing Saudi Arabia in July 2010. The Carabobo oil field is majority owned by Venezuela's national oil company, Petroleos de Venezuela SA (PDVSA). Owning the majority of the Orinoco Belt, and its estimated 1.18 trillion barrel (oil), barrels of oil in place, PDVSA is now the fourth largest oil company in the world. The field is well known for its extra Heavy crude oils, having an average specific gravity between 4 and 16 °API. The Orinoco Belt holds 90% of the world's extra heavy crude oils, estimated at 256 billion recoverable barrels. While production is in its early development, the Carabobo field is expected to produce 400,000 barrels of oil per day. History Despite no surface indications of petroleum, exploration led to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orinoco Oil Belt
The Orinoco () is one of the longest rivers in South America at . Its drainage basin, sometimes known as the Orinoquia, covers , with 76.3 percent of it in Venezuela and the remainder in Colombia. It is the List of rivers by discharge, fourth largest river in the world by Discharge (hydrology), discharge volume of water. The Orinoco River and its tributaries are the major transportation system for eastern and interior Venezuela and the Llanos of Colombia. The environment and wildlife in the Orinoco's basin are extremely diverse. Etymology The river's name is derived from the Warao language, Warao term for "a place to paddle", itself derived from the terms ''güiri'' (paddle) and ''noko'' (place) i.e. a navigable place. History The mouth of the Orinoco River at the Atlantic Ocean was documented by Christopher Columbus on 1 August 1498, during his Christopher Columbus#Third voyage and arrest, third voyage. Its source at the Cerro Delgado–Chalbaud, in the Parima Mount ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
