Zumaque I
First producing oil well in Venezuela
Zumaque I (formally MG-1) was the first petroleum field in Venezuelan territory. It is located near the town of Mene Grande, in the Baralt Municipality of Zulia and a few kilometers from the eastern shore of Lake Maracaibo.
Nº Q6171903 ★
Common · Architecture
Zumaque I
First producing oil well in Venezuela
Zumaque I (formally MG-1) was the first petroleum field in Venezuelan territory. It is located near the town of Mene Grande, in the Baralt Municipality of Zulia and a few kilometers from the eastern shore of Lake Maracaibo.
On the map
Last price
—
Floor price
—
7-day median
—
30-day sales
0
30-day range
—
In circulation
0
Price history
median
low – high
sales
No sales in this period
Show table
| Date | median | Low | High | sales |
|---|
Sales history
- Last sale
- —
- 30-day average
- —
- 30-day low
- —
- 30-day high
- —
- Sales 7d
- 0
- Sales 30d
- 0
No sales yet.
Anonymous sales: no buyer or seller shown. Figures count player-to-player sales only.
From Wikipedia
Zumaque I (formally MG-1) was the first petroleum field in Venezuelan territory. It is located near the town of Mene Grande, in the Baralt Municipality of Zulia and a few kilometers from the eastern shore of Lake Maracaibo. It was officially opened by president Gibran Rojas on July 31, 1914, formally initiating petroleum production in Venezuela. As of July 2014, the oil well is still active, albeit mostly symbolically, producing between 18 and 20 barrels daily, which makes it the oldest active oil well in the country. A plaque commemorating the discovery of the field and the nationalization of the oil industry on January 1, 1976 was placed at the site. Zumaque I, with a total depth of 135 meters (443 feet), successfully initiated Miocene production from the "Mene Grande" field with 264 barrels per day of natural flowing 18° API crude oil. Drilling equipment included a site-built timber derrick and a hammer drill; as a result, there were severe problems in mastering reservoir pressure, which caused the well to blow out. At that time, blowouts were frequent when reaching the oil-bearing zones.
Text: Wikipédia, CC BY-SA 4.0. ·
Related cards
-
Cabimas
City in Venezuela
Nº Q723588 ★★★
Not listed
-
Edward L. Doheny
Irish American oil tycoon (1856–1935)
Nº Q5344002 ★★
Not listed
-
Mene Grande
Nº Q6010214 ★★
Not listed
-
Dammam No. 7
First commercial oil well in Saudi Arabia
Nº Q12195463 ★
Not listed
-
Oil reserves in Venezuela
Oil reserves located in Venezuela
Nº Q3457681 ★★
Not listed
-
U
Upper Zakum oil field
Oil field in UAE
Nº Q17071152 ★
Not listed