
Security
Priority number one. We are focused on our own safety as well as the safety of others.
World Alternative to Get Global Energy
We are a service-focused, performance-driven company offering solutions in the areas of Clean Energy with Efficiency and Security.
Priority number one. We are focused on our own safety as well as the safety of others.
Ethics and integrity are the foundation and guiding principles of everything we do.
We compete to win. We know that competition strengthens everyone.
We work together with customers and are dedicated to the best solution.
Is a company designed to manage oil & gas fields worldwide based on the “WAG Business Model 2019”.
In this model, 65% of capex and opex is reduced when compared to traditional operating companies due to an intensive synergy and collaboration with services, construction, manufacturers companies.
Business rentability of each assets is also strongly influenced by putting together very controlled trading programs based on the owned assets backed securities.
Is a company dedicated to solve the needs of “WAG Exploration & Production” and others operating companies. It provides:
1.- wells services such as drilling. Cementing, hydraulic tongs, logging, perforating, completion, stimulation, fracturing, work over, coiled tubing, slick line, well testing, plt, pbu.
2.- Designs and constructs all petroleum and gas handling facilities such processing plants, flow stations, pipelines and gasducts, compression plants, cluster and well installations, electric plants, pumps stations.
3.- GAS compression solutions (manufacturing, assembly and instalation, repairment, operation and mantenance).
4.- Alternative Energy Solutions.
Business rentability of each assests is also strongly influenced by putting together very controlled trading programs based on the owned assest backed security.
It is a company designed to provide FINANCIAL SOLUTIONS to the needs of WAG EXPLORATION AND PRODUCTION , WAG SOLUTIONS and others.
Our strenght comes from a 20 billion portfolio of projects, a partnership line of services and our financial alliances.
SEVERAL COMMERCIAL BANKS are among those alliances.
Special trading programs based on owned assest backed securities are among some of the routes found to meet the financial needs.
....
...
...
...
The company aims to exploit the mechanical sector, comprising the rectification of gas engines in general and pumps, maintenance and repair; transport service for equipment and passengers; the purchase, sale and marketing of all kinds of goods and securities, the import and export of machinery, equipment for Metalworking.
Currently developing, in the achievement of high levels of efficiency and precision in each product required by your selected portfolio of customers at national and international level, as to maintenance, repair, rectification and manufacture of parts, small or large dimensions, using advanced processes, vanguard machinery and equipment and digitalized systems, for the execution of our processes.
Commingled Production, 3-5 Horizon
Reduction WHP Losses: 0 - 15 psig
Use of Choke 3", 4" & 2"
Reduction of Pipeline pressure losses: 50-80 psi
42 Stimulation / Well clean ups / Fracturing / PLT
Elimination of CACO3, Si2O, heavy components
Clusters production, with high rate pigging
Drilling Highly deviated wells (45°)
Robust Single Completion, 4-1/2" or UP", 13% CR
Fully Monitored Field
Sweetening with Membranes Units, High CO2& H2S
Compression System O&M
11 Cluster Configuration of Wells
8 Horizontal Wells per Cluster: 2.5 Kms/each
Commingled Production If needed
4 Enhanced Oil Recovery Processes:
* Steam Injection - SAGD
* Electromagnetic Energy - Solar Panels
* LNG Injection- Oil Cracking in Situ
* MEOR-ASP
4D Seismic Evaluation
Minimum Pressure Losses Policy
* Constant Well Clean Up & Stimulation
* Well Vertical Completions: 4-1/2 or Up
* Well Chokes: 3” or 4”
* Horizontal Pipelines Pigging Policy
Automated & On-Line Monitored Field
Gas Sweetening/Conditioning/Compression
Small Oil Upgrader (14 to 22 API)
Area: Initial 199,753 Ha.
Current 99,492 Ha.
Contract Signature: 15 June 2006
Phase 1 (12 Months)
Acquisition, processing and interpretation of 200 kms of 2D seismic. (Done)
Reprocessing 900 Km 2D seismic available in the block. (Done)
Phase 2 (12 Months)
Drilling one (1) exploratory well (Flamenco-1 Well). (Done)
In this phase was relinquished the 50% of the Block Area. (Done)
Phase 3 (12 Months) (under execution)
Acquisition, Processing and interpretation of 70 Km2 of 3D Seismic. (suspended by indigenous consultation)
Phase 4 to 6 (12 Months each one)
1. Drilling of two (2) exploratory wells per phase (aprox. at 8,000 ft)
Commingled Production, 3-5 Horizon
Reduction WHP Losses: 0 - 15 psig
Use of Choke 3", 4" & 2"
Reduction of Pipeline pressure losses: 50-80 psi
42 Stimulation / Well clean ups / Fracturing / PLT
Elimination of CACO3, Si2O, heavy components
Clusters production, with high rate pigging
Drilling Highly deviated wells (45°)
Robust Single Completion, 4-1/2" or UP", 13% CR
Fully Monitored Field
Sweetening with Membranes Units, High CO2& H2S
BECOME 1st PETROLEUM SERVICE COMPANY
OBTAIN GAS GUARICO BELT EXPLOITATION LICENSE
* 7 GAS BLOCKS
BECOME A PARTNER IN OIL ASSETS
* BLOCK IX
* PETROCUMAREBO
* UROMACO
* OBP
CONSTRUCT GASDUCT VENEZUELA-ARUBA & VENEZUELA-CURACAO