Intercampo Oil Field
The Intercampo Oil Field is an oil field located in Lake Maracaibo. It was discovered in 1960 and developed by China National Petroleum Corporation. The oil field is operated and owned by China National Petroleum Corporation. The total proven reserves of the Intercampo oil field are around 1.26 billion barrels (170 million tonnes), and production is centered on . See also *List of oil fields This list of oil fields includes some Giant oil and gas fields, major oil fields of the past and present. The list is incomplete; there are more than 25,000 petroleum, oil and natural gas, gas Petroleum reservoir#gas field, fields of all sizes i ... References Oil fields of Venezuela {{Venezuela-stub ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Venezuela
Venezuela, officially the Bolivarian Republic of Venezuela, is a country on the northern coast of South America, consisting of a continental landmass and many Federal Dependencies of Venezuela, islands and islets in the Caribbean Sea. It comprises an area of , and its population was estimated at 29 million in 2022. The capital and largest urban agglomeration is the city of Caracas. The continental territory is bordered on the north by the Caribbean Sea and the Atlantic Ocean, on the west by Colombia, Brazil on the south, Trinidad and Tobago to the north-east and on the east by Guyana. Venezuela is a presidential republic consisting of States of Venezuela, 23 states, the Venezuelan Capital District, Capital District and Federal Dependencies of Venezuela, federal dependencies covering Venezuela's offshore islands. Venezuela is among the most urbanized countries in Latin America; the vast majority of Venezuelans live in the cities of the north and in the capital. The territory o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lake Maracaibo
Lake Maracaibo () is located in northwestern Venezuela, between the states of Zulia, Trujillo, and Mérida. While Maracaibo is commonly referred to as a lake, its current hydrological characteristics may better classify it as estuary and/or semi-enclosed bay connected to the Gulf of Venezuela. With a surface area of , if counted as a lake it would be the largest in South America, ahead of Lake Titicaca, as well as one of the oldest lakes on Earth, having formed 36 million years ago in the Andes Mountains. The lake consists of brackish water, and is connected to the Gulf of Venezuela to the north by a narrow strait. It is fed by numerous rivers, the biggest being the Catatumbo River. The fault in the northern section has collapsed and is rich in oil and gas resources. It is Venezuela's main oil producing area and an important fishing and agricultural producing area. Eutrophication caused by oil pollution is a major environmental problem facing the lagoon. The area aroun ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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China National Petroleum Corporation
The China National Petroleum Corporation (CNPC) () is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing, Dongcheng District, Beijing. CNPC was ranked fourth in 2022 Fortune Global 500, a global ranking of the largest corporations by revenue. Corporate structure CNPC is the government-owned parent company of publicly listed PetroChina, which was created on November 5, 1999, as part of the restructuring of CNPC. In the restructuring, CNPC injected into PetroChina most of the assets and liabilities of CNPC relating to its hydrocarbon exploration and production, Oil refinery, refining and marketing, chemicals and natural gas businesses. CNPC and PetroChina develop overseas assets through a joint venture, the CNPC Exploration & Development Company (CNODC), which is 50% owned by PetroChina. In March 2014, CNPC Chairman Zhou Jiping announced that CNPC would be opening six ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Oil Field
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil (petroleum) or natural gas, are trapped by overlying rock formations with lower permeability, while in unconventional reservoirs the rocks have high porosity and low permeability, which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods. Oil field An oil field is an area of accumulated liquid petroleum underground in multiple (potentially linked) reservoirs, trapped as it rises to impermeable rock formations. In industrial ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Proven Reserves
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil and gas reserves and coal reserves. It is defined as the "quantity of energy sources estimated with reasonable certainty, from the analysis of geologic and engineering data, to be recoverable from well established or known reservoirs with the existing equipment and under the existing operating conditions." A reserve is considered proven if it is probable that at least 90% of the resource is recoverable by economically profitable means. Operating conditions are taken into account when determining if a reserve is classified as proven. Operating conditions include operational break-even price, regulatory and contractual approvals, without which the reserve cannot be classified as proven. Price changes therefore can have a large impact on the classification of proven reserves. Regulatory and contractual conditions may change, and also affect the amount of prov ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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List Of Oil Fields
This list of oil fields includes some Giant oil and gas fields, major oil fields of the past and present. The list is incomplete; there are more than 25,000 petroleum, oil and natural gas, gas Petroleum reservoir#gas field, fields of all sizes in the world. However, 94% of known oil is concentrated in fewer than 1,500 giant and major fields.Ivanhoe, L.F, and G.G. Leckie. "Global oil, gas fields, sizes tallied, analyzed," ''Oil and Gas Journal''. Feb. 1 , 0001, pp. 87–91 Most of the world's largest oilfields are located in the Middle East, but there are also supergiant (>10 billion Barrel (unit), bbls) oilfields in Brazil, Mexico, Venezuela, Kazakhstan, and Russia. Amounts listed below, in billions of barrels, are the estimated ultimate recoverable petroleum resources (proved reserves plus cumulative production), given historical production and current extraction technology. Oil shale reserves (perhaps ) and coal reserves, both of which can be converted to liquid petroleum, are ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |