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The Bolivar Coastal Fields (BCF), also known as the Bolivar Coastal Complex, is located on the eastern margin of Lake Maracaibo, Venezuela. [1] Bolivar Coastal Field is the largest oil field in South America with its 6,000-7,000 wells and forest of related derricks, stretches thirty-five miles along the north-east coast of Lake Maracaibo.
A foreland basin is a structural basin that develops adjacent and parallel to a mountain belt. Foreland basins form because the immense mass created by crustal thickening associated with the evolution of a mountain belt causes the lithosphere to bend, by a process known as lithospheric flexure.
Today the basin accounts for approximately 50% of Venezuela's crude export capacity and approximately 15% of proven Venezuelan oil reserves. The region hosts one of the world's largest oil refinery complexes, the Paraguaná Refinery Complex. The nearby islands of Aruba and Curaçao also host large refineries that process oil from the Maracaibo ...
The shelf and shelf edge are the primary hydrocarbon producing areas of the basin. Oil, gas and condensate make up the hydrocarbon resources found in the Plio-Pleistocene reservoirs of the basin. [2] The generation of petroleum from the Lower Cruse formation is said to be of type II kerogen that is characterized by high oil to gas ratios. [3]
Governor Gavin Newsom said Thursday he will compel California oil refineries to stockpile additional fuel reserves in an effort to ward off price spikes, marking the latest move in his multi-year ...
The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state.
The four quarterfinal games will be played on New Year's weekend at the site of four bowl games, with one game on Dec. 31 and three on Jan. 1. TUESDAY, DEC. 31 Fiesta Bowl: No. 3 Boise State vs ...
Dr. Thomas O’Brien and his wife Ruth Reardon O’Brien, the parents of late night comedian Conan O’Brien, have died three days apart. Thomas was 95 and Ruth was 92. The couple were married 66 ...