Difference between revisions of "Dacion Oil Field"

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(Created page with "Summary Information * Operator: PDVSA * Country: Venezuela * Location: * Production start: * Partners: * Type: Oil * Estimated Reserves: * Production Volume: +++ Descr...")
 
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Summary Information
+
=== Summary Information ===
 
* Operator: PDVSA
 
* Operator: PDVSA
 
* Country: Venezuela  
 
* Country: Venezuela  
Line 9: Line 9:
 
* Production Volume:  
 
* Production Volume:  
  
+++ Description
+
=== Description ===
*  
+
* Dacion is a medium-heavy giant oil field that was discovered around 1945 by Gulf Oil in the Eastern basin.
 +
* Production peaked around 44,000 b/d in the 1950s with water cuts as high as 30 % in a short time. As the water cut increased, the rate declined to 20,000 b/d in the 1960s.
  
+++ Contractors
+
=== Contractors ===
 
* -
 
* -
  
+++ History
+
=== History ===
* 2006 - The Venezuelan state expropriated the field
+
* 1945 - Dacion Oil Field was discovered by Gulf Oil
 +
* 1976 - The field was nationalised
 +
* 1997 - The field was awarded to Lasmo
 +
* 2003 - ENI acquired Lasmo, gaining ownership of the field
 +
* 2006 - The Venezuelan state expropriated the field from ENI
 
* 2008 - A compensation package is agreed
 
* 2008 - A compensation package is agreed
  
+++ Geology
+
=== Geology ===
*  
+
* The reservoirs in this field are either poorly consolidated or unconsolidated sands, high porosities averaging 26%, with an average thickness around 20 net feet per producing horizon. Most reservoirs have a strong natural water drive.
  
+++ Links
+
=== Links ===
 
# [http://killajoules.wikidot.com/archive:eni:developments-on-the-situation-of-the-dacion-fiel Eni: developments on the situation of the Dacion field in Venezuela]
 
# [http://killajoules.wikidot.com/archive:eni:developments-on-the-situation-of-the-dacion-fiel Eni: developments on the situation of the Dacion field in Venezuela]
 
# [http://killajoules.wikidot.com/archive:eni-reaches-settlement-agreement-with-venezuela-on-d ]
 
# [http://killajoules.wikidot.com/archive:eni-reaches-settlement-agreement-with-venezuela-on-d ]

Revision as of 19:12, 5 January 2026

Summary Information

  • Operator: PDVSA
  • Country: Venezuela
  • Location:
  • Production start:
  • Partners:
  • Type: Oil
  • Estimated Reserves:
  • Production Volume:

Description

  • Dacion is a medium-heavy giant oil field that was discovered around 1945 by Gulf Oil in the Eastern basin.
  • Production peaked around 44,000 b/d in the 1950s with water cuts as high as 30 % in a short time. As the water cut increased, the rate declined to 20,000 b/d in the 1960s.

Contractors

  • -

History

  • 1945 - Dacion Oil Field was discovered by Gulf Oil
  • 1976 - The field was nationalised
  • 1997 - The field was awarded to Lasmo
  • 2003 - ENI acquired Lasmo, gaining ownership of the field
  • 2006 - The Venezuelan state expropriated the field from ENI
  • 2008 - A compensation package is agreed

Geology

  • The reservoirs in this field are either poorly consolidated or unconsolidated sands, high porosities averaging 26%, with an average thickness around 20 net feet per producing horizon. Most reservoirs have a strong natural water drive.

Links

  1. Eni: developments on the situation of the Dacion field in Venezuela
  2. [1]