Carabobo 3 Oil Field

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Venezuela Oil & Gas Fields

PDVSA Oil & Gas Fields

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Summary Information

  • Operator: PDVSA
  • Country: Venezuela
  • Location: Orinoco Oil Belt
  • Production start:
  • Partners: Chevron has a 85% interest, INPEX and Mitsubishi with a 12.5% and Suelopetrol with a 2.5%
  • Type: Oil
  • Estimated Reserves: 28,650 million barrels
  • Production Volume:


  • The Project 3 is composed of three blocks (blocks C2 South, C3 North and C5) and it is situated in the Orinoco Oil Belt of Eastern Venezuela.


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  • 2007 - Quantification and certification of reserves completed
  • 2010 - INPEX signs Joint Venture Agreement



  1. INPEX selected as the member of Venezuelan Carabobo development in the Orinoco Oil Belt blocks
  2. PDVSA gets reserve certification of Block Carabobo 3 in the Orinoco Oil Belt
  3. INPEX signs Joint Venture Agreement on the Carabobo Project 3 Development in Orinoco Oil Belt, Venezuela

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