Multi-Client Studies
The Venezuelan Study

Q & A

Why did a number of Venezuelan and Multi-National oil companies tender over $2.2 billion bonus dollars for 18 separate concession in the Third Bid Round of 1997?

Do the high bids follow normal patterns for property, concession and lease sales or were the bidders unsophisticated or unknowledgeable about Venezuela? SCA has a very insightful multi-client study on the Third Bid Round in Venezuela.

It includes a bid analysis, evaluation of remaining reserves, observed bid strategies, public and personal contact information, bid drivers, gas supply information, OIP analysis, evaluation of rig requirements, selected company evaluations and much more. PDVSA may in the future announce the possibility of a new bid round. This report contains vital information that might aid your company in becoming a successful bidder in the next bid round or provide initial data if you're a potential future investment partner. Venezuela has the largest oil reserves outside of the Middle East. Geographically, it is close to the world's largest energy market. Does Venezuela have the opportunities that your company is looking for to expand or diversify your international investments?Find out the facts about the Third Bid Round. This knowledge will help your future strategies.

For more information please contact Hal Miller.
Tel: 713-789-2444
Fax: 713-789-4449
email: Hal Miller