Abstract: Petroleum in the Caribbean Basin: Further Exploration Justified?
Edward Robinson
After more than half a century of exploration for petroleum in that part of the Caribbean Basin covered by this review, the prospects for substantial discoveries remain low. Only Barbados has had modest but sustained production of oil and gas. In Hispaniola minor production from small prospects lasted briefly. Exploration in the northeast Caribbean has not resulted in discoveries. Similar exploration in Puerto Rico and, on a more extensive scale, in Jamaica, has also failed to show positive results. On the Nicaragua Rise (Mosquitia, Tela Basins) drilling has produced shows but no production, a situation also evident in Belize. Nevertheless, examination of these results, in the context of the regional geology of the Caribbean Basin, suggests there are areas where further
exploration is justified.
AAPG Search and Discovery Article #90951©1996 AAPG International Conference and Exhibition, Caracas, Venezuela