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Oil & Energy

Delcy Rodríguez celebrated the signing of another contract to exploit oil in Venezuela

Venezuela's acting president Delcy Rodríguez celebrated a new oil contract with Colombia's GeoPark for the Bare field, part of broader agreements following a US-Venezuela deal.

Tracked question

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

linked by topic terms: oil, petroleo

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

Delcy Rodríguez celebrated a 25-year oil contract with GeoPark for the Bare field in the Orinoco Belt.

The contract was signed by Pdvsa's Jovanny Martínez and Jaime Gilinski, president of Grupo Gilinski and majority shareholder of GeoPark.

GeoPark is the first Colombian oil company to operate directly in Venezuela.

The Bare field has about 1,100 existing wells and current production of ~11,000 bpd, with potential up to 95,000 bpd.

AI-assisted synthesis anchored to a real VeraVadis-analyzed source. Cleared by VeraVadis's automated editorial gates on 2026-09-11 — 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.