Critical risk factors analysis of a Tertiary carbonate play in Colombian-Venezuelan sedimentary basins

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Hydrocarbon accumulations in a Tertiary carbonate play in sedimentary basins of northern South America range from small to medium to giant. The fields are located both onshore and in shallow waters of the southern Caribbean Sea. The play has proven to be commercial in both marine and terrestrial environments. Onshore, economic development is profitable with modest sizes of the accumulations. Recent drilling results along the margin call for a revision of our understanding of the development and geologic controls on this prolific play to better delineate critical risk segments.

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