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David Morán Bohórquez: Is it feasible for Venezuela to reach 1,250 kbpd by December 2026?

An analysis by industrial engineer David Morán Bohórquez argues that Venezuela's goal of reaching 1.25 million barrels per day (kbpd) of oil production by December 2026 is highly unlikely, with a Monte Carlo simulation showing only a 9.15% probability.

Tracked question

Is the regime's fiscal position stabilizing or collapsing? · Full question dossier →

linked by topic terms: oil

What would settle it: Two quarters of consistent PDVSA output and reserve figures from independent trackers.

Evidence state: establishedas of Sep 12, 2026changed from emerging → establishednot yet linked to a tracked event object in our corpus — no source count yet

Monte Carlo simulation (10,000 iterations) gives only 9.15% probability of reaching 1,250 kbpd by December 2026.

Required monthly increase of 26.60 kbpd is 2.5 times the historical average of 10.60 kbpd/month.

Orinoco Belt extra-heavy crude requires 0.20-0.30 barrels of diluent per barrel of crude, making logistics a bottleneck.

OPEC secondary source figures may overstate production by 20-30% due to diluent re-export, with author adjusting by factor 0.88.

AI-assisted synthesis anchored to a real VeraVadis-analyzed source. Cleared by VeraVadis's automated editorial gates on 2026-08-16 — not reviewed by a human editor. Archive piece: published under our earlier method. It does not carry the per-claim evidence chain — who reported it first and who is echoing whom — that our current pieces carry. The source link and the date are the original ones.