Coastal Bolivar
Bolivar Coastal , an assembly (or “complex”) of layers, is principal the reserve of conventional oil of the Venezuela. It is located in the North-West of the country, and around the Lac Maracaibo.
The first layer, Cabimas, were discovered in 1917. Three larger, Lagunillas, Tia Juana and Bachaquero were respectively discovered in 1926, 1928 and 1930. The last significant discoveries go back to years 1980. Oil is very heavy and of bad quality according to the international standards.
With the wire of the decades, the exploitation of oil caused a Subsidence so strong that thousands of people live from now on under the Sea level, protected by a Digue.
The group of Bolivar coastal was always the engine of the oil industry of Venezuela, but the majority of its components seem mature today: the production by well is very weak, produced oil contains much water, and PdVSA sorrow to maintain the production. Nevertheless, the decline of production is due partly by the disorganization of PdVSA, which licensié most of its engineers after the grêves of 2003.
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