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Venezuela's PDVSA looking for a partner in block 1 of its Plataforma Deltana

 

Petroleumworld
CARACAS
Petroleumworld.com 05 28 06

PDVSA Gas vice president Félix Rodríguez said on the sidelines of the 17th International Gas Convention in Caracas on Thursday, PDVSA could allow another company to buy into block 1 of its Plataforma Deltana natural gas project.

PDVSA at present is working Block 1 alone but PDVSA want to change things.

"In block 1 it would be us participating with a percentage plus maybe the help of a minority partner to complements us," Rodríguez said. Offshore experience would "of course" be a plus,Rodríguez added.

Allowing a third party to help in e & P block 1 is one way of get assurance that the work is going to be successfully.

All the four Deltana blocks that were given for E & P work in 2003, has yet declared commerciality. Chevron, who has two blocks, has said it has located 7 trillion cubic feet of proven reserves, but is waiting for the unitizasion of the field by Veneuela and Trinidad. Norway's Statoil, on block 4, interrupted its program there last year do to a rig's safety issue andwill resume work in July.

Venezuela is currently producing some 6.3-6.5 billion cubic feet of gas a day (Bf3/d) but in maily for reijection in the the oil wells, needs 1-1.4 Bf3/d for energy generation.

Petroleumworld 26 05 06

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