Following successful production tests

Repsol confirms Venezuela's Perla 1X well as its largest ever gas find

Press Release 16/10/2009 15:26
  • Initial tests in the Perla 1X well indicate the structure contains recoverable gas reserves of between 1 and 1.4 billion barrels of oil equivalent.
  • The gas discovery is the biggest ever made in Venezuela and is the fifth largest hydrocarbons find worldwide in 2009.
  • Repsol is the co-operator of the discovering consortium, with a 50% stake.
  • Repsol’s exploration unit continues its rising tendency in incorporating new resources, in line with the goal of reaching a 125% reserve replacement ratio in 2012.
  • In 2009, Repsol has made significant oil and gas finds in Latin America, North America, Africa and Europe.

18 October 2009 - 00:00 CEST | PDF | 69.41 KB