Bolivar Coastal Oil Field

Summary Information

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

Description

• The Bolivar Coastal Fields (BCF) are located on the eastern margin of Lake Maracaibo, Venezuela. They form the largest oil field outside of the Middle East and contain mostly heavy oil with a gravity less than 22 degrees API
• Also known as the **Eastern Coast Fields**, Bolivar Coastal Oil Field consists of Tía Juana, Lagunillas, Bachaquero, Ceuta, Motatán, Barua and Ambrosio
• Water and gas injection are used for most of the fields.

Contractors

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History

• 1917 - Bolivar Coastal Oil Field discovered
• 1926 - Lagunillas and Tía Juana fields discovered
• 1952 - Motatán field discovered
• 1958 - Barua field discovered
• 1981 - Ceuta field discovered

Geology

• Source rocks are mudstones of the Cretaceous La Luna Formation, which occurs throughout the Maracaibo Basin.

Links

1. Geology and geochemistry of crude oils, Bolivar coastal fields, Venezuela
2. Main Maracaibo Basin Assessment Unit