Project Profile
Value: Undisclosed
Location: Southwest of Maracaibo, Venezuela
Start-up Year: 1947
Oil and gas production: 103,000 barrels of liquids (27,000 net) and 14 million cubic feet of natural gas.
Water depth: 5,900 feet (1,800 m)
The Boscán Oil Field is located 40 km southwest of Maracaibo, Venezuela, and covers an area of about 660 square kilometres. The field produces a 10.5 degree API gravity crude oil from the Eocene Misoa Formation locally called the Boscán Formation. The field was discovered in 1946 with drilling of the Zulia 7F-1 well (renamed BN-257) which tested 730 barrels per day (116 m3/d)). This well encountered reservoir section very close to the Boscán bounding fault at about 5,900 feet (1,800 m) measured depth (MD). Production began in 1947.
During 2011 the production from the field was at average: 103,000 barrels of liquids (27,000 net) and 14 million cubic feet of natural gas.
Operators:
Petroboscan (Chevron & PDVSA): Operator with a 100% interest