VOL. XLIV

No 49

3-December-2001

VENEZUELA

VenezuelaStarts First Production From Extra Heavy Hamaca Oilfield

ChevronTexaco announcedon 20 November that it had started production of extra heavy crude from theHamaca field in Venezuelas Orinoco Belt. Current production at the Hamacafield is 30,000 b/d of 8.5 API gravity crude oil, which is blended withlighter oils into syncrude before marketing. According to ChevronTexaco, productionfrom the Hamaca project will be significantly enhanced when an...