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November 24, 2024
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PDVSA is missing 1,133 pieces of equipment to recover production, including 93 drills

PDVSA is missing 1,133 pieces of equipment to recover production, including 93 drills

The president of PDVSA, Héctor Obregón, indicated that the area with the most need is the Western Division with 857 pieces of equipment, including 8 drills.


The Venezuelan oil industry has seen its infrastructure deteriorate in the last 15 years due to the drop in production and export income, as well as the continuous corruption schemes that have been committed in Petróleos de Venezuela (Pdvsa) with which Resources that should have financed maintenance or replacement of equipment were diverted.

To reach an “optimal recovery” of production, which to date stands at 989,000 barrels per day (d/d), according to the Ministry of Petroleum, PDVSA It requires 1,133 pieces of equipment, of which 93 are drilling or exploration drills.

During his participation in a forum of the Venezuelan Petroleum Chamber on Wednesday, November 20 in Caracas, the president of PDVSA, Héctor Obregón, indicated that the area that most needs equipment is the Western Division with 857 teams, including 8 drills, 4 winches (machine for lifting weights, whose frame consists of two beams assembled at an acute angle), 33 ropemen, 486 boats, 146 barges, 162 barges, 2 coiled tubing (long metal pipe), 4 fine lines and 12 other equipment.

«To reach the numbers (goal for next year) a series of equipment is needed, directed at the different expansion regions where we have the projects and thus contribute to the growth of the economy. We have private sector companies that provide services and procurement,” he highlighted.

Oil exploration operations in the country are stagnant despite the easing of sanctions and the approval of licenses by the United States to international companies Chevron, Eni and Repsol. According to the latest monthly report from the Organization of the Petroleum Exporting Countries (OPEC) for October, Only two drilling rigs remain active in the sector.

The country had more than 100 active platforms, But since the Hydrocarbons Law was approved during the administration of Hugo Chávez, with which the mixed companies were created and in which the State must have a minimum of 50% participation, the drills began to close due to operational problems and lack of investment. .

Obregón highlighted that to boost production In the Orinoco Belt, 181 pieces of equipment are required, of which 78 are drills, 24 winches, 78 winches and a coiled turbine. While in the Eastern Division 89 pieces of equipment are needed, including six drills, two winches, three winches, 16 coiled turbing, 10 fine ropes, eight electric ropes and 44 other miscellaneous pieces of equipment.

For offshore, you need a drill, two winches, a coiled turbing and two fine lines.

Obregón pointed out that by 2025, the state company projects an increase of 30% to raise crude oil production to 1 million 220 thousand b/d on average; and begin the export of natural gas in 2027, when “we will be able to export the first molecule of natural gas” from the three offshore fields north of the state of Sucre to Trinidad and Tobago with approximately 80 million cubic feet per day.

*Read also: OPEC reports that active drilling in Venezuela continues at historic lows

Payroll of 84,915 workers

The president of PDVSA, Héctor Obregón, also reported that the current payroll of the state company amounts to 84,915 workers, of which 76% have 10 years or more of experience. With a proportion between men and women of 73% and 27%, respectively. In the PDVSA headquarters alone it has 8,477 people.

«We have a workforce of 84,915 workers, including those from associated companies and service providers. Without this workforce, none of the joint ventures nor the industry itself could move forward. There are a large number of prepared and capable professionals and technicians who accompany us in the industry,” he said.

The oil company had a workforce of 154,000 in 2014, but it was significantly reduced with the exodus of workers due to the decline in salaries and the elimination of benefits, the effect of migration and the fall in oil production.

He highlighted that the contractual payroll is 38,134 people and the non-contractual payroll is 37,719. Regarding the academic degree, he highlighted that more than 27,000 workers have a university level, of which 3,569 have a master’s degree or specialization.

Venezuelan oil production PDVSA industry privatization

*Read also: PDVSA aims to increase oil production by 30% by 2025


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