The island nation operates several refineries, most notably the José Martí Refinery in Havana and the Camillo Cienfuegos facility in Santa Clara. Onshore Production and Mature Fields Onshore production, while declining in some legacy fields, remains a staple of Cuban output.
Cuba's Geological Setting and Key Producing Regions
The mature onshore fields, often located on land historically used for agriculture, require advanced extraction techniques to maximize yield from reservoirs that are decades old. Refining capacity presents another crucial pillar of Cuba’s oil equation.
The North Cuba Basin, stretching along the northern shelf, holds the most substantial onshore and offshore reserves. Hydrocarbon accumulations are primarily concentrated within two significant basins: the North Cuba Basin and the Florida Straits Basin.
Cuba Geological Setting and Producing Regions: Key Onshore and Offshore Basins
Strategic Goals and Future Trajectory Looking ahead, Cuban oil policy is centered on achieving greater self-sufficiency and maximizing value from existing assets. The strategic focus includes incentivizing advanced drilling techniques, such as horizontal drilling and multi-stage fracturing, to improve recovery rates from onshore mature fields.
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