PDVSA Pres. Rafael Ramirez said the Orinoco belt is producing more than 532,000 b/d of 16-32° gravity oil (OGJ Online, Jan. 6, 2010).

Orinoco Belt polymer flooding evaluations in multi-Darcy sand packs were reported in 2013 using representative lithology, reservoir brine with 7,169 total dissolved solids (TDS), injection water ...

Venezuela is postponing bidding among foreign oil companies for contracts to exploit seven areas within its heavy-oil-producing Orinoco belt. IE 11 is not supported. For an optimal experience ...

The Cardón refinery, Venezuela's second-largest with a capacity of 310,000 barrels per day, shut down after a power outage ...

The deals are part of President Nicolás Maduro’s plan to replace Western oil companies after US sanctions ended their licences.

Most of Venezuela's proved oil reserves consists of extra-heavy crude oil in the Orinoco Belt. That oil requires a higher level of technical expertise to develop, which international companies ...

Venezuela’s state oil company has briefly cut output in the Orinoco Belt -- which accounts for about half of the nation’s total production -- to a maximum of 200,000 barrels a day after ...

(Bloomberg) -- The men step out of the van and act fast. As one stands guard, the others approach an oil pump and remove filler plugs. They drain the viscous liquid into buckets that they stack in ...

Map of Orinoco oil belt by USGS, October 2009. In this article, I attempt to tackle the question of how much oil Venezuela could produce in the short term. That is, if restrictions by the US ...

Venezuela's four Orinoco belt heavy crude projects are producing 500,000 barrels per day (bpd) compared to 482,000 bpd in May, an official from state oil company PDVSA said on Wednesday.