Venezuela Oil & Gas Field Support
Independent verification and in-country support for operators evaluating, entering, or working in Venezuela’s oil and gas sector.
How Venezuela Field Support serves oil and gas
Venezuela Field Support provides oil and gas operators with independent ground truth on the assets, infrastructure, counterparties, and operating conditions their Venezuela decisions depend on.
Work spans pre-investment verification, site and facility observation, vendor and partner validation, infrastructure assessment, field logistics, executive site visits, entry and movement planning, mobilization, and ongoing in-country support. Venezuela Field Support does not perform petroleum engineering, reservoir evaluation, or reserves work; those conclusions come from appropriately qualified technical professionals, whom it can coordinate. Its contribution is the operational and field dimension — what is physically there, what condition it is in, who you would actually be working with, and what it would take to operate.
Why the verification gap is unusually wide here
Venezuela holds among the largest proved crude oil reserves in the world, and production has declined sharply from historical levels over the past two decades. That combination — very large resource base, heavily degraded operating environment — is precisely what creates commercial interest and, at the same time, an unusually wide gap between documented resource and operable capacity.
The reserve figures are published and verifiable. The condition of a specific gathering system, road, power supply, or contractor yard is not. That second category is where most of the executable risk sits, and it is not addressed by the data room.
Reserve and production context: U.S. Energy Information Administration — Venezuela. Sanctions and licensing questions should be directed to qualified counsel; see U.S. Treasury OFAC — Venezuela-related sanctions.
- Independent operators
- Major integrated operators
- National and joint-venture partners’ counterparties
- Drilling contractors
- Oilfield service companies
- Equipment and technology providers
- EPC and engineering contractors
- Midstream and infrastructure investors
Where operators use Venezuela Field Support
Pre-investment verification
Testing the operating assumptions inside a participation, acquisition, or farm-in case before an investment committee sees it.
Site and facility verification
Establishing whether specific facilities, gathering systems, tank batteries, or terminals exist as described and in what observable condition.
Vendor validation
Confirming that a proposed local contractor or supplier has the premises, equipment, and personnel it claims.
Infrastructure assessment
Documenting the power, water, communications, roads, and ports the field plan depends on.
Field logistics
Establishing how crews, equipment, and materials would realistically move, and where the constraints are.
Executive site visits
Planning and supporting leadership visits so the itinerary is practical and personnel arrangements are appropriate.
Entry and movement planning
Turning a decision to proceed into a sequenced plan for people, equipment, and support.
Mobilization
Standing up the first deployment with validated vendors, verified routes, and confirmed arrangements.
Ongoing support
In-country transport, coordination, field reporting, and life support once operations are continuous.
Questions operators bring to us
Is the production or processing facility actually operational?
What condition is the gathering and transport infrastructure really in?
Can our rig, workover unit, or heavy equipment physically reach the location?
How reliable is power, and what generation would we have to bring?
Does the local service contractor actually own the equipment it lists?
What can be sourced locally, and what has to be imported?
How would we respond to a medical emergency at this location?
Which assumptions in our field development plan have never been independently verified?
How an oil and gas engagement typically runs
Operator evaluating a producing asset
- Situation
- An operator is offered participation in a producing asset. The case rests on restart timing, a local service contractor, road access, and power availability.
- Requirement
- Independent verification of the operating assumptions ahead of an investment committee decision.
- Potential response
- Assumption register drawn from the operator’s own plan
- Field observation of the facility and surrounding area
- Access route driven and documented
- Apparent power and utility supply observed
- Contractor yard and equipment verified
- Nearest usable medical facility and travel time established
- Written assessment with decision matrix and remaining information gaps
Operator preparing a first field mobilization
- Situation
- An operator has approved a Venezuela program and needs to get a crew and equipment to site.
- Requirement
- A mobilization that does not discover its problems on arrival.
- Potential response
- Corridor assessment from gateway to site
- Validated local transport and service vendors
- Accommodation inspected and confirmed
- Communications and medical arrangements tested
- Mobilization sequence with contingencies
- On-the-ground coordination during arrival
- Handover into ongoing in-country and life support
Most used by oil and gas clients
Venezuela Entry Assessment
Whether to enter, and what it would take.
ViewField & Site Assessment
What is actually at the location.
ViewPartner & Vendor Validation
Whether the counterparty is real.
ViewLogistics & Movement
How crews and equipment actually move.
ViewMobilization Support
Getting the first deployment in.
ViewLife Support & Facilities
Keeping crews supported at site.
ViewOil & Gas FAQ
Do you perform petroleum engineering or reserves evaluation?
No. Reservoir evaluation, reserves certification, production forecasting, and facilities engineering are performed by appropriately qualified technical professionals. Venezuela Field Support covers the operational and field dimension, and can coordinate qualified specialists where technical conclusions are required.
Can you advise on sanctions and licensing?
No. Venezuela Field Support does not provide legal, sanctions, or export-control advice. Those questions go to qualified counsel. Venezuela Field Support can coordinate operational planning with a client’s legal and compliance advisers.
Can you support a company with no Latin America platform?
Yes — that is a common situation. The alternative is building a country capability to test a single opportunity, which rarely makes commercial sense at the evaluation stage.
Do you work for both buyers and sellers?
Venezuela Field Support works for the party that engages it and does not take positions in the transactions it assesses. Conflicts are checked before an engagement is accepted.
Verify before you commit the program.
Tell us the asset, the region, and the decision. We will tell you what has to be verified.