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home > Operations > E & P worldwide > AMERICAS > Venezuela
Venezuela
 
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Onado

 

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(As of December 2021)

Phase Block Operator Korea’s Share (%) KNOC’s Share (%) Korean Participant
Production Onado CVP 5.64 5.64 KNOC

 

Onado is a 158.9 square kilometer wide production block located in the Maturin basin in central Vanezuela. Under a joint venture contract with Petronado S.A., PDVSA of Venezuela, CGC of Argentina, Petroamazonas of Ecuador, and KNOC own stakes of 60%, 26.004%, 8.356%, and 5.640%, respectively. Initial Production began in 1971 and the average daily production stood at 0.2 mboed as of 2021.
 
Department Contacts Updated
Updated : 2022-01-21 Department : E&P - Overseas Business Dept. II Contacts : +82)52-216-3449

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