  | 
											
											
												   | 
											
											
												 | 
											
											
												   | 
											
											
												
													
														
															  | 
															Onado   | 
														 
													 
												 | 
											
											
												   | 
											
											
												  | 
											
											
												(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 : 2024-04-30 | 
														       Department : E&P-America & Europe Business Dept. | 
														        Contacts : +82)52-216-3445 | 
														     
														
														 
													 
													
												 |