{"id":13539,"date":"2024-10-30T10:49:55","date_gmt":"2024-10-30T10:49:55","guid":{"rendered":"https:\/\/inepetrol.com\/services\/petrolera-guiria\/"},"modified":"2025-08-18T19:46:36","modified_gmt":"2025-08-18T19:46:36","slug":"petrolera-guiria","status":"publish","type":"services","link":"https:\/\/inepetrol.com\/en\/services\/petrolera-guiria\/","title":{"rendered":"Joint Venture Petrolera G\u00fciria"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"13539\" class=\"elementor elementor-13539 elementor-9759\" data-elementor-post-type=\"services\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-22eb469 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"22eb469\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-30c12f6\" data-id=\"30c12f6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-910c170 elementor-widget elementor-widget-heading\" data-id=\"910c170\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Joint Venture Petrolera G\u00fciria  <\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ff4251 elementor-widget elementor-widget-spacer\" data-id=\"2ff4251\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a2e9171 elementor-widget elementor-widget-text-editor\" data-id=\"a2e9171\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Beginning in 2007, as part of the migration and conversion process to the mixed enterprise model established by the current Organic Law on Liquid Hydrocarbons, the Ministry of People\u2019s Power for Petroleum and the National Assembly of Venezuela approved the creation of the mixed enterprise Petrolera G\u00fciria, with the participation of the Venezuelan Petroleum Corporation (CVP) holding 60%, ENI with 23.75%, and Ine Oil &amp; Gas (Inepetrol) with 16.25%.<\/p><p>The Corocoro reservoir, discovered in the western Gulf of Paria by ConocoPhillips, has an estimated oil reserve volume of 400 million barrels and extends into the eastern Gulf of Paria, leading to the unification of both areas. The joint development of the Corocoro and Punta Sur fields would achieve a sustained production level of approximately 120,000 barrels per day, with the construction of central wellhead platforms connected to the existing infrastructure of the mixed enterprise Petrosucre.<\/p><p>The current development plan for Punta Sur includes technical studies, seismic reprocessing, and the recompletion and extended testing of wells Punta Sur-1X and Punta Sur-2X. The goal is to confirm an estimated original oil-in-place volume of 161 million barrels for the Las Piedras formation and between 58 and 174 million barrels for the Pedernales member of the La Pica formation. An agreement has been reached with AMOS Energy Group for the development of the field.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-60da165 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"60da165\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e6b5cda\" data-id=\"e6b5cda\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a5258e4 icon-position-mobile-top content-align-left icon-box-vertical-align-top icon-position-left icon-vertical-align-start elementor-widget elementor-widget-the7_icon_box_grid_widget\" data-id=\"a5258e4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"the7_icon_box_grid_widget.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"the7-box-grid-wrapper the7-elementor-widget loading-effect-none the7_icon_box_grid_widget-a5258e4\">\t\t\t<div class=\"dt-css-grid\">\n\t\t\t\t\t\t\t\t\t<div class=\"wf-cell shown\">\n\t\t\t\t\t\t<div class=\"the7-icon-box-grid\">\t\t\t\t\t\t\t<div class=\"box-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-icon-div\" aria-label=\"Oil and Gas\">\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-icon\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-gas-pump\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M336 448H16c-8.8 0-16 7.2-16 16v32c0 8.8 7.2 16 16 16h320c8.8 0 16-7.2 16-16v-32c0-8.8-7.2-16-16-16zm157.2-340.7l-81-81c-6.2-6.2-16.4-6.2-22.6 0l-11.3 11.3c-6.2 6.2-6.2 16.4 0 22.6L416 97.9V160c0 28.1 20.9 51.3 48 55.2V376c0 13.2-10.8 24-24 24s-24-10.8-24-24v-32c0-48.6-39.4-88-88-88h-8V64c0-35.3-28.7-64-64-64H96C60.7 0 32 28.7 32 64v352h288V304h8c22.1 0 40 17.9 40 40v27.8c0 37.7 27 72 64.5 75.9 43 4.3 79.5-29.5 79.5-71.7V152.6c0-17-6.8-33.3-18.8-45.3zM256 192H96V64h160v128z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h5 class=\"box-heading\">\n\t\t\t\t\t\t\t\t\t\t\t<a aria-label=\"Oil and Gas\">\t\t\t\t\t\t\t\t\t\t\t\tOil and Gas\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t\t<\/h5>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-description\">The estimated volume of original oil in place (POES) is 161 million barrels for the Las Piedras reservoirs and 58 to 174 million barrels for the Pedernales reservoirs, a member of the La Pica formation.\n<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"wf-cell shown\">\n\t\t\t\t\t\t<div class=\"the7-icon-box-grid\">\t\t\t\t\t\t\t<div class=\"box-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-icon-div\" aria-label=\"Joint Venture\">\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-icon\">\n\t\t\t\t\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 24 24\" width=\"24\" height=\"24\"><path fill=\"none\" d=\"M0 0H24V24H0z\"><\/path><path d=\"M21 3c.552 0 1 .448 1 1v14c0 .552-.448 1-1 1H6.455L2 22.5V4c0-.552.448-1 1-1h18zm-1 2H4v13.385L5.763 17H20V5zm-7 2v8h-2V7h2zm4 2v6h-2V9h2zm-8 2v4H7v-4h2z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h5 class=\"box-heading\">\n\t\t\t\t\t\t\t\t\t\t\t<a aria-label=\"Joint Venture\">\t\t\t\t\t\t\t\t\t\t\t\tJoint Venture\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t\t<\/h5>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-description\">The joint development of the Corocoro and Punta Sur fields would achieve a sustained production level of about 120,000 barrels per day.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"wf-cell shown\">\n\t\t\t\t\t\t<div class=\"the7-icon-box-grid\">\t\t\t\t\t\t\t<div class=\"box-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-icon-div\" aria-label=\"Development Plan\">\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-icon\">\n\t\t\t\t\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 24 24\" width=\"24\" height=\"24\"><path fill=\"none\" d=\"M0 0h24v24H0z\"><\/path><path d=\"M20.083 15.2l1.202.721a.5.5 0 0 1 0 .858l-8.77 5.262a1 1 0 0 1-1.03 0l-8.77-5.262a.5.5 0 0 1 0-.858l1.202-.721L12 20.05l8.083-4.85zm0-4.7l1.202.721a.5.5 0 0 1 0 .858L12 17.65l-9.285-5.571a.5.5 0 0 1 0-.858l1.202-.721L12 15.35l8.083-4.85zm-7.569-9.191l8.771 5.262a.5.5 0 0 1 0 .858L12 13 2.715 7.429a.5.5 0 0 1 0-.858l8.77-5.262a1 1 0 0 1 1.03 0zM12 3.332L5.887 7 12 10.668 18.113 7 12 3.332z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h5 class=\"box-heading\">\n\t\t\t\t\t\t\t\t\t\t\t<a aria-label=\"Development Plan\">\t\t\t\t\t\t\t\t\t\t\t\tDevelopment Plan\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t\t<\/h5>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-description\">The planned infrastructure includes the construction of central well platforms that will connect with the existing infrastructure in the Corocoro field of the Petrosucre joint venture.\n<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e398254 elementor-widget elementor-widget-spacer\" data-id=\"e398254\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Venezuela created the Petrolera G\u00fciria joint venture in 2007 to develop the Corocoro and Punta Sur oil fields in the Gulf of Paria<\/p>\n","protected":false},"featured_media":13199,"template":"","service_category":[],"class_list":["post-13539","services","type-services","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Joint Venture Petrolera G\u00fciria - inepetrol<\/title>\n<meta name=\"description\" content=\"Venezuela created the Petrolera G\u00fciria joint venture in 2007 to develop the Corocoro and Punta Sur oil fields in the Gulf of Paria\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/inepetrol.com\/en\/services\/petrolera-guiria\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Joint Venture Petrolera G\u00fciria - inepetrol\" \/>\n<meta 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