{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Big Digital Energy","title":"Can Venezuela Replace the Permian? Not a Spigot + What to Watch Next | BDE 01.09.25","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/70aca9f8\"></iframe>","width":"100%","height":180,"duration":3527,"description":"Headlines love tossing around Venezuela’s “303 billion barrels” like it’s a magic switch, but the reality is messy, expensive, and slow. Mark and David Pursell, Adjunct Professor of Petroleum Engineering, walk through why heavy oil, busted infrastructure, and shaky politics make this a long-cycle rebuild, not a drill-and-chill moment, plus what to watch in markets when the story sounds too easy.\nClick here to watch a video of this episode.\n\n00:00 Intro and why Venezuela is everywhere\n02:10 David’s Venezuela background and PDVSA history\n07:40 Why production is hard to restart\n09:20 Reserves vs resources and the heavy oil problem\n12:45 Refining limits and why Canada filled the gap\n16:05 Capital, contracts, and what companies actually watch\n24:45 Guyana, Argentina, and above-ground risk\n29:00 Inventories, OPEC, and where the “surplus” is hiding\n37:15 What to watch over the next 18 months\n50:10 Saudi data story and why numbers get political\n55:20 Teaching, capstone, and wrapping up\nhttps://twitter.com/collide_io\nhttps://www.tiktok.com/@collide.io\nhttps://www.facebook.com/collide.io\nhttps://www.instagram.com/collide.io\nhttps://www.youtube.com/@collide_io\nhttps://bsky.app/profile/digitalwildcatters.bsky.social\nhttps://www.linkedin.com/company/collide-digital-wildcatters","thumbnail_url":"https://img.transistorcdn.com/iy6jIYchYeWUZ4i3KMDwG--bihbqsPBgMZtYTL4T32g/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS81NTQ3/MzlhMzY1MzgyZDM4/NTZiMjQwNTg0YmNj/NDZiZS5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}