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BP Venezuela: Current Opportunities for Heavy Oil Development
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, 9th Simposio Bolivariano - Exploracion Petrolera en las Cuencas Subandinas, Sep 2006, cp-111-00117
Abstract
As higher oil prices persist, the development of<br>many massive heavy oil (HO) resource<br>accumulations exhibit attractive economics. Thus, in<br>Colombia, Ecopetrol has intensified the development<br>of its heavy oil resources & BP has re-focused<br>interest on heavy oil production in Venezuela,<br>Alaska and other parts of the world.