Junin 4 Oil Field

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Venezuela Oil & Gas Fields

CNPC Oil & Gas Fields

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Summary Information

  • Operator: PDVSA
  • Country: Venezuela
  • Location: Orinoco Oil Belt
  • Production start:
  • Partners: CNPC
  • Type: Oil
  • Estimated Reserves:
  • Production Volume:


  • The block is part of the Orinoco Oil Belt, is the largest source of liquid hydrocarbons reserves worldwide


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  • 2006 - First exploratory drilling started
  • 2010 - CNPC signed a joint venture agreement
  • 2012 - Second payment made to PDVSA by CNPC



  1. Venezuela and China start drilling of the Junin 4 Block
  2. CNPC signed a joint venture agreement on Junin-4 Block with Venezuelan partner
  3. CNPC Shows its Commitment to the Growth of the Faja Petroífera del Orinoco

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