# GeoPark to invest $7 billion to raise output at Venezuelan oilfield

https://mins.news/en/item/79008

- Reuters, 2026-09-29 16:30 UTC
- Economy
- Original: https://www.reuters.com/business/energy/geopark-invest-7-billion-lift-output-venezuelan-oilfield-2026-09-29/?link_source=ta_bluesky_link&taid=6abbe79e275db500019835c6

> Colombian oil and gas producer GeoPark plans to invest $7 billion in Venezuela’s large Bare oilfield, aiming to raise crude production from 11,000 barrels per day to about 90,000 bpd by 2038, CEO Felipe Bayon said Tuesday.