Review of 1965 petroleum developments in South America and Caribbean area

Journal Article · Mon Aug 01 00:00:00 EDT 1966 · Am. Assoc. Pet. Geol. Bull.; (United States)

OSTI ID:6759836

Sass, L C; Neff, C H

This review includes 25 reporting countries from South America and the Caribbean area--9 of which have long been established producers of petroleum and collectively accounted for 14% of the world's total oil production in 1965. Total production from these 9 countries within the coverage of this review rose for the seventh successive year, and for 1965 averaged almost 4.3 million bpd--up 105,000 bpd from 1964 figures. Of this production, 81% came from Venezuela, which continues to be the world's largest exporter of petroleum. Perhaps the most significant single development of the year in the area under review was the revival of exploration interest in Central America--this time, the offshore--witnessed principally by leasing activity, including activity by majors. Geological and geophysical surface work throughout the whole of South America and the Caribbean area in the search for new reserves appears to have increased, but only slightly, from 1964 figures. Of 364 exploratory wells completed, 127 proved successful. Brazil's Miranga Field may be the year's outstanding single discovery. Accompanying the text are 23 map-figures and 69 tables.

• Research Organization: Latin Amer Gulf Oil Co; Latin Amer Gulf Oil Co
• OSTI ID: 6759836
• Journal Information: Am. Assoc. Pet. Geol. Bull.; (United States), Journal Name: Am. Assoc. Pet. Geol. Bull.; (United States) Vol. 50:8; ISSN AAPGB
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
ATLANTIC OCEAN
BRAZIL
CARIBBEAN SEA
CENTRAL AMERICA
DEVELOPING COUNTRIES
ENERGY SOURCES
EXPLORATION
EXPLORATORY WELLS
FOSSIL FUELS
FUELS
GEOLOGY
INDUSTRY
LATIN AMERICA
PETROLEUM
PETROLEUM INDUSTRY
PRODUCTION
RESERVES
RESOURCES
SEAS
SOUTH AMERICA
SURFACE WATERS
VENEZUELA
WELLS