Heavy oil output boost for Cerro Negro

摘要

Venezuela's Cerro Negro extra heavy crude upgrading projeft plans to increase its production by up to 20%, or 24,000 b/d, in the short term, project partner ExxonMobil said in a report published May 5. "We're looking to expand Cerro Negro in the short term, an increase of between 10% and 20% in production of extra heavy crude," Mark Ward, ExxonMobil's president in Venezuela, said in an interview with Caracas daily El Universal.