Venezuela
Project Profile

Perla Field

Oil & Gas project in Venezuela, currently in the stage of Blurred

Get all the information on the Perla Field, a Oil & Gas project. Connect with the contracted companies and their key contacts, track the project stage and milestones, read related news and more. Some issues around this topic are: UpstreamOffshoreType of hydrocarbons and Project topics. Write to us at info@bnamericas.com or call us at +56 (2) 29410300 to schedule a demonstration of our platform.

Description: The offshore Perla field is located in the Cardón IV block at a depth of 60m. It is operated by Cardón IV, a company created by Eni and Repsol in 2009 for this purpose. Each company holds a 50% working interest. The block is part of the Rafael Urdaneta project, established to explore the Gulf of Venezuela. The first appraisal well, Perla-1X, was drilled in 2009, while the Perla-2X and Perla 3X wells were drilled in 2010; Perla-4X was drilled in 2011. All of these wells showed positive results. Initial Perla gas production is forecast at around 300Mf3/d, with eventual expansion to 1.2Bf3/d. Perla currently holds 17Tcf of gas in place, which corresponds to 3.1Bboe with additional potential. The best wells are estimated to produce over 150Mcf/d each. The development of Perla has been planned in three phases: Phase 1 has a production plateau of about 450Mcf/d, up from the 300Mcf/d initially planned, Phase 2 has a plateau of 800Mcf/d from 2017 and Phase 3 has a plateau of 1,200Mscfd from 2020. Cardón IV signed a gas sales agreement with PDVSA for all three phases, until 2036. The gas will be mainly used by PDVSA for the domestic market.

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Related companies

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Key contacts

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Project information

Full name
Perla Field
Project Status
Active
Type of Ownership
Public
Project Type
Blurred