ITS Servicios Técnicos S.A.
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 Database of Venezuelan Gas Fields Production Potential

The Venezuelan Goverment has just announced that early next year they plan to offer an Exploration Round for Gas in both new areas and in existing fields. Also, large pipe line and gas compression projects are scheduled to be bid later this year.

ITS Servicios Tecnicos has prepared a Database containing important reservoir and field information on the production potencial of associated, condensate and non associated gas in the Oriental and Maracaibo Basins. The database is designed to provide potential clients with up-to-date information for engineering feasibility studies and reserves potential of the existing 185 Venezuelan Gas fields.

This important new product complements the already released 'Reservoir Database of Oil & Gas Fields'

IntraPAC-The Virtual Data Room

IntraPAC is designed to manage the E & P information typically found in the data room. It is based on standard internet technology and uses your intranet to distribute information to the users. Available already packaged for the Third Round Data from PDVSA or as a ·custom· product incorporating clients own data sets.

Geoeconomics - Performance Parameters for the Maracaibo and Oriental Basins

This product provides a compilation and synthesis of statistical parameters to assist companies in making realistic risk and economical evaluations of exploration and production opportunities in the Maracaibo and Oriental basins. The two most important Petroleum Area in Venezuela. The statistics are based on analysis of fields data assembled in the 'Reservoir Database of Oil and Gas Fields' and from a series of reports on specific fields released during 1995, 1996 and 1997. The study divides each basin into producing trends - 4 in Maracaibo and 6 in the Oriental. Each of these trends is then analyzed by exploratory well success rates (percentage & oil discovered), distribution or petroleum by geologic age, engineering characterization of producing reservoirs, trap types and field size distribution. Detailed data is presented for analog fields locateed in each trend. A summary is provided of all leasing activity in the recent Apertura Petrolera. The report is delivered on CD-ROM (Word & Excel) and is 150 pages long; it contains 62 figures, 51 tables and 42 field analog summaries.