PDVSA's plan to recover wells faces success difficulties



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The plan to reactivate the wells to increase the national oil production by 1 million barrels a day in the short term faces success problems due to the scale of financial and technical resources needed, said the Expert Nelson Hernández. He pointed out that "finally the government" acknowledged the fall of the country's oil exploitation in more than 1 million barrels a day between 1998 and last June and if this trend did not stop, the production could reach 1 million barrels a day by the end of 2018.

The member also of the National Academy of Engineering and Housing pointed out that this situation puts Petróleos from Venezuela in a race, from which the announcement of its president and oil minister Manuel Quevedo, a plan to incorporate 1 million He clarified that the program, which was to be run for five years , aimed to recover the pumping of crude oil into closed oil wells that could produce and that it reached in 2017 the number of crude oil wells. 24,495. The execution period of the plan is 10 months and requires extraordinary management in terms of material and equipment needs, manpower, financing and logistics, "d & # 39; where the difficulty of success ".

Hernández points out that the plan provides for 125 boreholes while at present, 35 of these facilities are operating in the country due to the decline in production activity. He explained that to reactivate only 5,000 wells, it was necessary to invest $ 2.7 billion and 3,000 workers against the reality of the resignation and the massive emigration of professionals and technicians from PDVSA since 2017. [19659005] Also, the university and oil engineer considers that the economic viability of the plan involves reducing the percentages that the government currently charges the oil companies associated with PDVSA for royalties, income tax and other tax burdens. .

On June 6, Manuel Quevedo said: "We have a total plan of 23,319 wells with a production potential of 1.4 million barrels a day." He added that in the state of Zulia they identified 13,435 category II and III wells, including 655,000 per day, while in eastern Venezuela, 9,500 wells are required for gross exploitation of 700,000 barrels per day.

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