The most underestimated asset in Venezuela’s oil recovery is not a new well.
It’s natural gas.
When discussing production recovery, the focus often centers on drilling, workovers, and financing.
Yet one immediate enabler already exists in many fields:
👉 associated and non-associated gas.
In my latest article, I explain how gas can pragmatically accelerate oil recovery:
🔹 Reduces lifting cost by replacing diesel with field gas power
🔹 Enhances recovery through reinjection
🔹 Lowers flaring and strengthens ESG positioning
🔹 Generates early cash flow via industrial supply or gas-to-power
🔹 Improves operational reliability and reduces downtime
The strategic equation is simple:
Properly managed gas = More profitable oil
In capital-constrained environments, drilling more wells is not always the fastest lever. Sometimes the highest impact comes from optimizing what is already being produced.
For the C-suite, the question is not only how much additional oil can be produced, but:
How can gas make every barrel more profitable and resilient?
#OilAndGas #Venezuela #NaturalGas #Upstream #EnergyStrategy #OperationalExcellence #EnergyLeadership #EnergyEconomics #CLevel