NABEP accelerates its Venezuelan expansion, deploying 41 rigs to support production levels surpassing 223,000 boe/d as the firm executes its strategic growth plan.
North American Blue Energy Partners is demonstrating significant operational scaling by expanding its in-country rig fleet to 41 units, a substantial portion of its 60-rig target. With production levels exceeding 223,000 boe/d and active drilling operations in the Junín 10 block, the company is effectively increasing its footprint in the Venezuelan energy sector.
As of November, the fleet will reach 41 rigs out of a planned 60.
The company has nine drilling rigs currently operating in Venezuela, with three specifically active in the Junín 10 block.
North American Blue Energy Partners (NABEP) is scaling its Venezuelan operations, reaching 41 active rigs out of a planned 60. The company currently reports production exceeding 223,000 barrels of oil equivalent per day, signaling strong operational momentum in the region.
NABEP is set to reach 41 active rigs in November, which is part of a larger 60-rig expansion plan announced earlier this month.