Las Maracas Production Facility Based on the corporate presentation (Page 11)
"Permanent production facility operational end May 31st 2013
• Initial design 40,000 bfpd (15,000 bopd, 25,000 bwpd); expandable
*bfpd – barrels of fluid per day **bwpd – barrels of water per day
I have a feeling that Parex and Petroamerica will be expanding the production facility sooner than later. IE: NR released June/July increasing production guidance and increasing the well production rates. The variables to this will be the water and fluid within oil production. According to the intitial tests LM 1-8 the watercut is relatively low. Therefore the current production facility could produce more than 15,000 bopd if PTA/PXT decide to increase the well production rates.
Just a theory.