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About: Maracaibo Basin     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Tract108673395, within Data Space : dbpedia.org associated with source document(s)

Type: natural placegeo:SpatialThingyago:WikicatOilFieldsOfVenezuelariveryago:Field108569998yago:GeographicalArea108574314yago:Location100027167yago:Object100002684yago:PhysicalEntity100001930yago:Region108630985yago:WikicatGeographicalRegionsOfVenezuelayago:YagoGeoEntityyago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntityyago:Tract108673395 New Facet based on Instances of this Class

The Maracaibo Basin, also known as Lake Maracaibo natural region, Lake Maracaibo depression or Lake Maracaibo Lowlands, is a foreland basin and one of the eight natural regions of Venezuela, found in the northwestern corner of Venezuela in South America. Covering over 36,657 square km, it is a hydrocarbon-rich region that has produced over 30 billion bbl of oil with an estimated 44 billion bbl yet to be recovered. The basin is characterized by a large shallow tidal estuary, Lake Maracaibo, located near its center. The Maracaibo basin has a complex tectonic history that dates back to the Jurassic period with multiple evolution stages. Despite its complexity, these major tectonic stages are well preserved within its stratigraphy. This makes The Maracaibo basin one of the most valuable basins