Jorge Zajia/Petroleum Magazine: Petroleos de Venezuela S.A.
Today PDVSA It 's not a secret to anyone-is "a plucked chicken", thanks to the pillaging that has been subjected and has enjoyed the participation and complicity of leaders and managers without mettle and venal...
This week marked 159 years of drilling the first commercial oil well in the world, which marked a milestone in history: the beginning of the oil era.
Indeed, the August 27, 1859, Edwin Laurentine Drake, Colonel Drake in Oil Creek, near Titusville, Pennsylvania, using the method of percussion drilling, found oil at a depth of 65 feet, averaging an output of 30 bpd. That same day began "oil fever" .
Two decades later, on October 12, 1878, in a distant and unknown country in northern South America, Venezuela, Manuel A. Pulido, José A. Baldo, M. Ramon Maldonado, Carlos Gonzalez Bona, José G. Villafane and Pedro R. Rincones founded the company Tachira Petrolia. On the grounds of the Hacienda La Alquitrana perforate the famous Eureka-1 well, bringing the oil business in the land of Bolívar and Andrés Bello starts.
The Petrolia operated until 1934 and was producing about 15 bpd of crude oil were refined in a rudimentary alembic for the production of kerosene, marketed in Tachira and the border towns of Colombia. Tachira visionary entrepreneurs founded the country's first oil magazine: "The Petrolia Star".
Sumac-1, drilled by the Caribbean Petroleum (Shell) at Cerro La Estrella de Mene Grande, Zulia state, goes into production on July 31, 1914, which attracted worldwide attention and led to the arrival in the country of a wave foreign companies, attracted by the black gold rush. Sumac-1 marks the beginning of large-scale commercial exploitation of oil in Venezuela.
The Barroso-2, drilled and completed in the Campo La Rosa de Cabimas on December 14, 1922, nine days was flowing uncontrollably at a rate that was estimated at 100 thousand barrels per day. The famous "blowout" Barroso-2 definitely strengthens the position of Venezuela as a major producer of hydrocarbons.
In 1929, Venezuela was the second largest oil producer, behind the US, and the largest oil exporter country in the world. The development of the oil sector dominated all other sectors of its economy, and Venezuela went from being a purely agricultural country, mainly coffee, being an oil producing country.
Gradually, this "Land of Grace" was taking firm steps in the development of its oil industry, which culminated first with the creation of the Organization of Petroleum Exporting Countries, OPEC, in 1960, in partnership with the producers of the Middle East, turned into major exporters of the precious fuel; and then with the founding of Petroleos de Venezuela SA, PDVSA, and the nationalization of its oil industry on 1 January 1976.
Pdvsa received a depressed and undercapitalized, with deteriorating facilities and hydrocarbon reserves at very low levels as a result that the imminence of nationalization or nationalization of oil, transnational concessionaires had minimized their investments in maintenance and exploration oil industry putting all their effort to produce the most, without attachment to the rules and the most basic of rational exploitation of oil and gas techniques.
With tenacity and intelligence and dedication and proven honesty, Venezuelan oil, supported by foreign technicians who wanted to continue working in the country, based on the widely criticized "service contracts" signed with the former foreign oil, whose purpose was to ensure the continuity of full exploitation of the oil business, from the reservoir to the gas tank, Pdvsa managed to overcome all the obstacles, which were not few, to become an oil company world - class, " rankeada " globally as one of the world 's most efficient oil companies; also endowed with the grace of God, the largest oil reserves on the planet.
In women and men who contributed to the fabulous development and consolidation of Pdvsa, in addition to their academic and professional qualifications and ethics and moral (I'm sure because I know them ) integrity, they deprived the words the president of the Republic Romulo Betancourt, in his capacity as senator for life delivered to Congress on the occasion of the discussions that contributed to Venezuela was absolute master of its oil: "in the dependent companies of the parent company (a subsidiary of Pdvsa was concerned) is it will also seek to place capable and honest people to avoid two dangers that have signed on this occasion that Venezuela will take the stranglehold of its oil: the danger of bureaucratization and the danger of administrative immorality. "
To support what we here affirm on the world class quality of Pdvsa, we will support us, once again, in a study by Marcela Ibarra Gallegos, of the Southwest Marine (RMSO) Region of Pemex and published in his magazine Strategic Vision, entitled "operating Result 2002" where the author compares the main indicators of operational productivity RMSO, with the other regions of Pemex and the largest state and private oil companies of the world .. It is an objective study, clean and away from any manipulation or bias.
Summarizing the study, we have Pdvsa in 2001 Costs exhibited significantly lower than the rest of the other companies selected for this analysis Discovery: Pdvsa = $ 0.06 / Bbl; Fina 0.53; Repsol 0.55; BP 0.58; Petrobras .64; Exxon O.80; Shell 0.99; Chevron, 1.26; ENI 1.42; Pemex 1.79; and RMSO 1.82.
Development costs also show Pdvsa with the lowest indicators $ 0.84 / Bbl; Repsol 2.18; BP 2.58; Fina 2.97; Exxon 0.17; Shell 3.36; Chevron 3.6; ENI 3.85; and Pemex 10.0. As for extraction costs and production costs, Pdvsa also yields the best compared with that group of companies, which are among the most productive results worldwide.
To give witness testimony we present here, we would annex the article with the study of Marcela Ibarra, to analyze in great detail, what are the parameters used and the criteria that defined the different costs presented in this study were.
Today Pdvsa It 's not a secret to anyone-is "a plucked chicken" , thanks to the pillaging that has been subjected and has enjoyed the participation and complicity of leaders and managers without mettle and venal, who have not defended the interest of the nation, or because they have not known or because they did not want.
This space is what we wanted to dedicate to the Venezuelan state oil company to draw attention to all professionals -mainly oil in good faith work in PDVSA, the exploiting oil and gas companies, supplier companies and products, equipment and services ; because the reconstruction of the Venezuelan oil industry is urgent and imminent recovery of which offers one immense potential for generating wealth productive work.
Reservations are there, waiting to be monetized. The country has production facilities, transportation, storage and refining constructed and needing maintenance and repairs deep, thorough , but they are there. And most importantly, valuable human resources are also waiting their turn to give their effective contribution. Therefore we must have the awareness to keep waiting can be very late and that each according to their possibilities and interests should make an effort to change the course of this path of failure and ruin and make their contribution decided necessary to resume the path of progress, based on a wealth - generating oil industry.
We stay in the "pipeline" two issues that are of universal interest and that transcend borders. One is the political issue with the dire humanitarian crisis that has devastated the nation and the other is the voracious and indiscriminate exploitation of gold in Guyana, which threatens to destroy in a very short time the largest reservoir of fresh air from the humanity., before the indolent gaze and complicity of the authorities who enrich themselves at the expense of that crime against humanity.
These three issues, energy, ecological and political , are urgent solution and is a problem that falls and affects all humanity, so in this case, when not only at stake the future of Venezuela, but Earth as a whole, invoking sovereignty is nonsense (and respect irresponsible), as used to say the former president of PDVSA, Luis Giusti, there is no greater loss of sovereignty of a country, that hunger of its people .... and Venezuela is hungry, very hungry .
Jorge Zajia is the editor of Petroleum Magazine, founded in Maracaibo in 1977, as a print media, aimed at executives, professionals and technicians of the hydrocarbon industry in the region. Petroleumworld does not necessarily share these views.
Editor's Note: This commentary was originally published Petroleum Magazine News Letter , Aug. 07-12 , 2018, edition. All comments posted and published on Petroleumworld, do not reflect either for or against the opinion expressed in the comment as an endorsement of Petroleumworld.
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