cuencaoccidental

At the II Energy, Oil and Gas Conference (CEPEG 2026), held in Maracaibo, PDVSA President Héctor Obregón presented a forecast that had more than a few people reaching for their calculators: the country’s Western Basin could end 2026 producing around 400,000 barrels per day. That region would be one of the pillars supporting the state-owned company’s goal of reaching 1.3 million barrels per day nationwide by year’s end. According to the remarks at the event, this growth would be driven by coordination between the oil and gas industry associations, which the official described as a kind of sectoral symbiosis.