Phoenix · Milan · Lecherías Est. 2026

Created for the
technical rebuild
of an oil nation.
Venezuela. Venezuela holds the largest proven hydrocarbon reserves on earth. Re-entry is no longer hypothetical — it is being scoped, capitalized, and engineered. Myrina Ventures is the consultancy purpose-built for that work.

A Phoenix-headquartered US LLC with senior practitioners delivering from Milan, Caracas, and Houston, and a Venezuelan subsidiary — Myrina Energy C.A. — launching in Lecherías in Q3 2026. Italian Partita IVA incorporation follows in Q1 2027. Subsurface depth meets a multi-jurisdictional compliance architecture rare in this market. We translate technical certainty into commercial decisions — for IOCs, NOCs, independents, and the funds underwriting them.

300 B
Barrels Proven · Venezuela
25+ yrs
Founder Reservoir Track
5 cities
Delivery Architecture
$150 B
Investment Required (MCM)
Scroll ↓
Eastern Venezuela Basin SEC Reserves Petrel Static Modeling OFAC-Conscious Structuring CCUS · UGS · UHS Geosteering Block Due Diligence Energy Infrastructure Security Eastern Venezuela Basin SEC Reserves Petrel Static Modeling OFAC-Conscious Structuring CCUS · UGS · UHS Geosteering Block Due Diligence Energy Infrastructure Security
01
What We Do

Three arms. One delivery architecture.

Reservoir-grade subsurface depth. Venezuela-specific compliance and ground presence. CCUS, UGS, and energy-infrastructure security. Each arm is a complete engagement in its own right. Each arm is more defensible when paired with the others. Every Myrina deliverable is built to be read by an independent auditor, an investment committee, or an OFAC desk without flinching.

I · II · III — converging on investment-grade confidence · shielded across every arm
The Trifecta Logic

Most consultancies sell one arm. The Venezuelan re-entry market is buying all three.

An IOC scoping bid-round entry needs reserves that survive SEC audit (Arm I), delivery that crosses jurisdictions cleanly (Arm II), and counterparty due diligence that satisfies OFAC review (Arm III). A fund underwriting Venezuelan exposure needs all three, in different proportions. A European operator with EU disclosure obligations on Latin American CCUS or UGS capex needs subsurface rigor, multi-jurisdictional contracting, and sanctions-compliant counterparty review delivered as one coordinated voice.

The Trifecta is not three product lines. It is one delivery architecture, deployed in three configurations — each one tuned to where the client enters and how they expand. And every configuration is wrapped in the same shield: Jesús Mogollón's cybersecurity mandate, embedded from the first project file to the final deliverable.

I
Reservoir & Geoscience
The subsurface foundation. SEC-defensible, Petrel-native, operator-grade.
Capabilities
  • Fast-cycle block prospectivity reviews
  • Petrel-native facies and property modeling, fault-network construction, well-tied stratigraphy
  • SEC PRMS-compliant reserves scoping & certification support
  • Field development plan technical chapters (pre-FEED)
  • Geosteering, well-placement studies, real-time wellsite delivery
  • CCUS site screening & reservoir characterization for CO₂ storage
  • UGS feasibility & capacity assessment for natural gas storage
  • UHS site screening for underground hydrogen storage
  • Caprock & containment risk analysis
  • Uncertainty families across geological and dynamic scenarios
Typical deliverables
  • Block prospectivity memorandum (auditor-ready)
  • Static reservoir model in Petrel + executive summary
  • SEC PRMS-compliant reserves report
  • Pre-FEED technical chapters for FDP
  • CCUS / UGS / UHS site screening memorandum
  • Caprock containment assessment
Engagement model
Fixed-fee, milestone-based. 4–12 weeks typical. Retainer for ongoing operator support.
Who buys this
IOCs · NOCs · Independents · Reserve auditors · Sovereign portfolios
Why Myrina
25+ years of operator-side reservoir modeling across the Venezuelan, Mexican, Kuwaiti, Romanian, and Colombian basins. Three-patent petrophysics methodology in the bench. The same petrophysical, structural, and dynamic discipline applies to CO₂ injection horizons, gas storage caverns, and hydrogen reservoirs — the energy-transition asset class is built on the same rock.
Lead
Irúa Euribe
Bench
Advanced Petrophysics · Basin Analysis · Operational Geology · Reservoir Engineering
The Shield · Cybersecurity
Jesús Mogollón · data sovereignty across every Petrel model, well log, reservoir file, and storage-site assessment
II
European Delivery & Strategic Alliances
Around-the-clock, multi-jurisdictional, EU-ethical. The Milan-anchored delivery layer.
Capabilities
  • Around-the-clock delivery across five time zones (Phoenix · Houston · Milan · Caracas · Lecherías)
  • Multi-jurisdictional contracting framework — US LLC today, Venezuelan subsidiary from Q3 2026, Italian Partita IVA from Q1 2027
  • Engagement delivered under the strictest EU code of ethics
  • EU disclosure-framework alignment (CSRD, taxonomy, TCFD)
  • Italian-entity invoicing for European clients
  • Strategic-alliance coordination — allied firms operate inside Myrina deliverables under common QA
  • Multi-language client delivery: English, Spanish, Italian
Typical deliverables
  • Multi-jurisdictional engagement framework memorandum
  • EU-disclosure-aligned technical chapter
  • Allied-firm coordinated study package (Arm I + alliance partner output)
  • European delivery under EU code of ethics — Italian Partita IVA invoicing from Q1 2027
Engagement model
Flexible, geared to client jurisdiction and contract regime. Continuous (24/5) coverage available for time-sensitive work.
Who buys this
European operators with multi-jurisdictional projects · IOCs requiring continuous coverage · Allied firms needing local presence · EU-disclosure-obligated counterparties
Why Myrina
The entity structure — Phoenix US LLC today, Venezuelan subsidiary from Q3 2026, Italian Partita IVA from Q1 2027 — is the architecture that lets a single engagement be priced, contracted, and delivered under whichever regime the client requires. Active and expanding strategic alliances — including a Houston-based seismic acquisition partner — extend Myrina's bench across disciplines that complement Arm I's in-house subsurface depth.
Lead
Irúa Euribe · Milan
Strategic alliances
Houston-based seismic acquisition partner · allied capabilities expanding
The Shield · Cybersecurity
Jesús Mogollón · encryption-at-rest and chain-of-custody across every jurisdiction, every contract regime, every alliance
III
OFAC Compliance & Due Diligence
Sanctions-compliant counterparty due diligence. Independent block review. Lecherías-anchored from Q3 2026.
Capabilities
  • OFAC license framework analysis & counterparty due diligence
  • Independent block due diligence
  • Fiscal-regime impact analysis (royalties, taxes, contract frameworks)
  • Sanctions-compliant contract drafting & review
  • Re-entry scenario planning across political and licensing pathways
  • Reserves-audit support with local technical and regulatory context
  • PDVSA-era operator-side experience · in-country logistics and procurement under published procedures
Typical deliverables
  • OFAC compliance & counterparty due diligence brief
  • Independent block due diligence report
  • Fiscal-regime impact memorandum
  • Re-entry scenario deck for investment committee
  • Sanctions-review checklist for cross-border transactions
Engagement model
Fixed-fee for block DD (6–12 weeks). Advisory retainers for ongoing licensing and counterparty work.
Who buys this
IOCs scoping Venezuela re-entry · Funds underwriting Venezuelan exposure · Independents scoping farm-in · Reserve auditors needing local context
Why Myrina
Houston-resident OFAC sanctions counsel paired with operator-side modeling depth — a dual qualification rarely held in one voice. Houston is where the oil-and-gas industry meets, and Gordon W. Fielder is Myrina's client-facing presence in the city where every IOC and every major independent maintains a principal office. Governance, country risk, and institutional affairs run from Caracas — corporate registration, M&A regulatory work, and statutory compliance filings drafted and submitted in person, under due process, in country. The Venezuelan subsidiary, Myrina Energy, launches in Lecherías Q3 2026, providing the on-the-ground presence that lets due diligence be done in country, not at a distance.
Lead
Irúa Euribe
OFAC & technical counsel
Gordon W. Fielder · Houston
The Shield · Cybersecurity
Jesús Mogollón · auditable chain-of-custody for every due-diligence file, OFAC memorandum, and counterparty record
Launches Q3 2026
The Integration Layer
I + II

Subsurface rigor, EU-grade delivery

Arm I's auditor-defensible reservoir work, delivered through Arm II's multi-jurisdictional architecture. CCUS or UGS site screening for clean EU disclosure alignment — invoiced through the Phoenix US LLC today, with Italian Partita IVA invoicing available from Q1 2027. SEC-compliant reserves work delivered around-the-clock to European operator timelines, under the strictest EU code of ethics.

I + III

Sanctions-proof reserves

An SEC-defensible reserves number is only as useful as the counterparty structure that books it. Arm I's subsurface depth combined with Arm III's OFAC-compliant counterparty review produces reserves reports that satisfy both the independent auditor and the compliance desk — the exact deliverable Venezuelan re-entry requires.

II + III

Multi-jurisdictional sanctions compliance

European capital deployed into Latin American energy assets must clear both EU disclosure rules and OFAC counterparty review. Arm II's multi-jurisdictional contracting and Arm III's sanctions discipline together enable cross-border deals to pass both regulatory regimes without forcing the operator to choose between climate strategy and counterparty risk.

Engagement Pathways

Most clients enter the Trifecta through one arm and expand to the others as the engagement matures. Four common entry points:

IOC scoping Venezuela re-entry
I + III
Start with block prospectivity and reserves scoping (Arm I) → expand to OFAC-compliant counterparty due diligence and in-country review (Arm III) as the bid round or farm-in approaches.
Fund underwriting a Venezuelan asset
III + I
Start with independent block due diligence and OFAC-compliant counterparty due diligence (Arm III) → commission reserves audit support (Arm I) for the credit committee deck. Lecherías-anchored from Q3 2026.
European operator with EU disclosure deadlines
I + II
CCUS or UGS site screening (Arm I), delivered through the Milan-anchored European practice (Arm II) for clean EU disclosure alignment. Around-the-clock coverage under the strictest EU code of ethics. Italian Partita IVA invoicing available from Q1 2027.
Cross-border energy operator or sponsor
II + III
Multi-jurisdictional contracting and EU-ethical delivery (Arm II) → layered with OFAC-compliant counterparty due diligence for cross-border transactions (Arm III). The combined Milan, Houston, and Lecherías bench handles both contract architecture and the sanctions compliance review.
02
Values

We did not choose the name. The name chose us.

Myrina — Queen of the Amazons, recorded by Diodorus Siculus as the first to consolidate empire across two continents. Unstopped in her time. Her name became synonymous with martial supremacy. The logo carries her profile — her hair flows like the mighty Orinoco river as she basks in the Golden hue of the Venezuelan sun: beautiful, transparent, unstoppable. Every Myrina deliverable is built to the same standard: defensible, transparent, and rooted in the ground it speaks for.

The Mission

To unlock Venezuela's energy potential through technically excellent, transparent, and technology-driven consulting — restoring value to the nation's resources while generating sustainable returns for our clients and partners.

The Vision

To be the most trusted and technically capable independent energy consulting firm operating in Venezuela — the bridge between the country's extraordinary reserves and the international capital and technology required to produce them responsibly and efficiently.

The Six Values
i

Transparency

All operations 100% above board. AML compliance officer embedded from Day 1. Every engagement under published rules; every counterparty subject to documented OFAC review. No insider tracks, no informal channels, no exceptions. We are the model of how Venezuelan energy business should be done.

ii

Technical Excellence

Deliverables are built on data, not optimism. We let the reservoir speak. We hold ourselves to the standard of the best international consultants — auditor-defensible, peer-reviewable, reproducible.

iii

Venezuelan Pride

We are building for Venezuela. Maximum Venezuelan talent, above-market rates, knowledge transfer to the next generation. Reverse diaspora in action — the technical inheritance returning home.

iv

Innovation

A technology company that knows oil fields — not an oil field company that added a laptop. GIS, AI, smart fields, LLM-augmented workflows. We build the tools, we do not just operate them.

v

Discretion

Our clients share their most sensitive assets: reservoir data, counterparty structures, fiscal exposure. Discretion is non-negotiable. Jesús Mogollón's cybersecurity mandate makes it operational across every Trifecta arm.

vi

Partnership First

Every client is a potential co-investor, future referral, and long-term ally. Long relationships beat short wins. Our success is a direct function of theirs — always, by design.

The Shield

Jesús Mogollón's unbreakable mandate.

Every Myrina engagement carries sensitive data. Reservoir models that took millions to acquire. Due-diligence files that name counterparties under active sanctions review. Fiscal exposure quantified to the dollar. OT/IT architectures protecting critical infrastructure from state-sponsored actors and ransomware-for-hire.

In this market, in this decade, data security is not a service line. It is the precondition for every other one. Jesús Mogollón's cybersecurity mandate is embedded in every arm of the Trifecta — from the Petrel project file, to the OFAC counterparty memo, to the CCUS site assessment, to the wire that closes the engagement.

Discretion is the value. Jesús is the value made operational. Myrina — like the warrior whose name we carry — is unstoppable because she is unbreached.

03
Who We Are

A founding pair. A network of specialists.

Two co-founders carry the firm's strategic, technical, and operational direction. Around them, a deliberately small bench of expert collaborators — each unsurpassed in a discipline that integrated subsurface work cannot do without.

Il Sole 24 Ore
Mercoledì 7 Gennaio 2026 · N.6 · Primo Piano
L'intervista. Irúa Euribe. «Pdvsa? Spezzatino produttivo» — Il Sole 24 Ore, 7 Gennaio 2026
Interview by Roberto Da Rin · Il Sole 24 Ore
In her own words · published

«Pdvsa? Spezzatino produttivo.»

PDVSA? A productive carve-out. — Irúa Euribe's thesis on the structural reform required to revive Venezuela's national oil company, published on the front-page Primo Piano of Italy's leading financial daily.

Sharing real estate with the paper's lead Caracas-crisis coverage, the interview lays out the case against selling PDVSA as a single asset. The argument: PDVSA is not a company to be sold — it is a productive system to be carefully disassembled and re-aggregated, block by block, with each operating unit attracting its own capital and operator. Subsurface depth dictates the carving lines; sanctions architecture dictates the counterparty structure; on-the-ground presence dictates execution.

It is the same thesis Myrina Ventures was built to execute — before the article was written, and now after it.

Non vi sono tensioni tra gruppi di potere — gli appetiti interni e internazionali non calerano. L'unica strada è la gerarchizzazione dei giacimenti e una segmentazione.

There is no tension between power groups — domestic and international appetites are not going to subside. The only path is the hierarchization of the fields and a segmentation.
Co-founders
Irúa Euribe
CEO & Chief Geoscientist
Milan · 25+ years · Reservoir Modeling

Twenty-five years executing operator-side reservoir modeling across six basins on three continents. PDVSA Lecherías exploration scientist (2007–2012) running 24/7 geosteering on extended-reach horizontals across four rigs, with technical-liaison relationships with Eni, Repsol, Mitsubishi, Chevron, and Petronas on the record and a 30% production efficiency uplift via local sector modeling. Chief Geologist at OMV Petrom in Bucharest, integrating seven data vintages—from pre-WWII paper logs to modern well imaging—into one coherent static model of the Tintea Field. Shell Maracaibo on Urdaneta West (25% drilling cost reduction per well). Frontender on Kuwait's Greater Burgan and Colombia's Sinú-San Jacinto. Petrozuata multilateral-well design in the Faja.

Now consulting from Milan: CCUS, UGS site work in the US Smackover (20% lithium plume efficiency improvement), and SEC-compliant reserves certification across European and Latin American operators. Petrel-native, Stanford-certified project manager, working in Spanish, English, Italian, and French. Published in Il Sole 24 Ore on the structural reform required to revive PDVSA — the Productive Stew thesis that has become a credibility hook with European and US capital. The technical voice on every Myrina engagement.

Subsurface basins → Venezuela · Mexico · Kuwait · Romania · Colombia · US Smackover
Residency arc → Venezuela · Mexico · Kuwait · Romania · Spain / USA · Colombia · Italy
Jesús Mogollón
Co-Founder, COO & Chief Cybersecurity Officer
Phoenix · Operations · Infrastructure Security

Principal Cyber Security Architect at Silicon Valley Bank since 2016 — designing and operating enterprise-grade security systems at a top-tier US financial institution. Founder of Global IP Systems LLC (2005–2023), seventeen years engineering open-source VoIP and Asterisk-platform infrastructure — including PDVSA's national VoIP migration, a direct Venezuelan operator-side technology credential. Earlier: United Nations Unix system administration for a 10,000-person user base; internet connectivity engineering across Latin America and as far afield as St. Helena in the South Atlantic. BS Computer Science, Washington University in St. Louis.

The Shield is built, configured, and patched by his hands — not a vendor's. US administrative core, counterparty due diligence, and energy-infrastructure security behind every Myrina contract, invoice, and data handoff. The cybersecurity vertical attaches directly to CERAWeek's explicit board-level concerns: data sovereignty, AI governance, and OT/IT security for energy infrastructure.

Phoenix headquarters · Venezuelan-passport reintegration · Tech & cybersecurity
Expert Collaborators
GF
Gordon W. Fielder
Director of OFAC Compliance & US Client Liaison

JD in Environmental, Oil & Gas, and Intellectual Property Law (University of Houston Law Center, 2000) on top of twenty-nine years of operator-side geomodeling at Conoco/ConocoPhillips, Noble Energy, and Murphy Oil. Built the Petrel geologic models for the giant Leviathan and Tamar gas fields in the Eastern Mediterranean. Led the geologic team for ConocoPhillips' Zuata Heavy Oil Expansion acreage selection — the Conoco-PdVSA Faja joint venture — and built the Petrozuata and Hamaca field models that underwrote the project financing well-performance test in 2001. Deep-water and onshore work across the Gulf of Mexico, Algeria (Menzel Ledjmat Nord, El Merk, Ourhoud), Russia, the Caspian, the Falklands, and offshore Mexico's Ayin-Batsil. SEPM Distinguished Service Award (twice). Houston-based — and Houston is where the oil-and-gas industry meets. Drafts the OFAC license analyses, red-lines the contracts, renders the Petrel surfaces himself, walks into the conference room in person. Partner with Irúa in Fielder-Euribe Subsurface Associates LLC since 2023.

Houston · Client Liaison · Legal × Technical
DB
Douglas Betancourt
Senior Petrophysicist · Advanced Reservoir Characterization & Energy-Transition Storage

Seventy million barrels of oil added via his patented Advanced Petrophysical Model. Forty-one percent reduction in hydraulic-fracturing stage count at PEMEX Reynosa-Tampico — $2.1M saved on a single asset. Twenty-five percent production uplift at PEMEX Activo Abkatún Pol Chuc. Eighteen years across Venezuela, Mexico, Trinidad, Canada, Oman, Brazil, Equatorial Guinea, the USA, Colombia, and Argentina — currently at Inter Rock USA LLC in Houston. Three IP patents he authored and uses daily: Advanced Petrophysical Model © (2015, including Porosity Discretization for Carbonates), Integrated Advanced Petrophysical & Interpretation Model © (2023), and Optimization Module of the Operational Window in Well Planning, Design & Drilling © (2024). Energy-transition reservoir characterization as a working specialty: CO₂ storage, natural-gas storage, underground hydrogen storage, geothermal, geological hydrogen. The hand on every Myrina petrophysical model — not the supervisor of one.

Houston · Patents ×3 · CCUS · NGS · UHS
LS
Lindsey Snelling
Senior Operations Geologist · Wellsite Delivery & Geosteering Training

Over a thousand stratigraphic, intermediate, and horizontal wells drilled with her hands on the geosteering. Thirty-plus years of operational geology that started in the North Sea with EXLOG (a 1990 world depth record well from the Brent platforms, the UK NIREX coring program at Sellafield), then twenty years across Venezuela's Faja Heavy Oil belt with Petrozuata, Cerro Negro, Petrolera Ameriven, and PDVSA Petropiar — planning well pads, running wellsite geologist teams, supervising drilling 24/7 on real-time data feeds, and training the next generation on Landmark and geosteering protocol. A Latin America TVD horizontal-well record in 1996. Fifteen producing-asset evaluations (1B+ BOE in place) for FAVEL International across Texas, Oklahoma, California, and Colombia's Middle Magdalena. Landmark (SeisWorks, StratWorks, OpenVision, ZMap), Petrel, Gocad, Petrosys, Insite. The hand on the geosteering decision when the bit is moving — not the supervisor of it.

Wellbore · Faja Heavy Oil · 1,000+ Wells
GL
Gisberto Liverani
Head of Exploration & New Ventures

Thirty-four years of exploration leadership across Eni and beyond — and the depth of operator-side experience that makes the basins he maps commercially legible. Exploration Manager for Petrosucre, the Eni-PDVSA mixed enterprise operating Venezuela's Eastern basin from Puerto La Cruz (2009–2011). Eni Liaison Manager for Latin America afterward (2011–2015), the corporate hinge between Milan headquarters and operated subsidiaries. Earlier: Exploration Manager Eni North Africa in Tripoli (Sirt basin), project management on Croatia offshore and Algeria's Berkine basin, senior geophysicist on the UK Central Graben and Atlantic margin frontier. Later: Ecopetrol Technical Team Lead in Bogotá, leading exploration across Colombian near-field and deep-frontier plays. Published on the Sirt basin Nubian play and the Dinaric foredeep. Italian, English, Spanish, French, and Portuguese — all at full professional level. Currently in an academic teaching role; joining the Myrina bench full-time from August 2027 upon retirement from his appointment. Available for project-specific consulting between now and then — the upstream-of-the-upstream view that frames where Myrina's static modeling sits, held by someone who has run actual Venezuelan operations in country.

Milan · Petrosucre / Eni LatAm · Full-time Aug 2027
LB
Lino Briceño Sandrea
Head of Reservoir Engineering & Dynamic Simulation

Twenty-nine years executing reservoir engineering and well productivity across Venezuela, Mexico, and Colombia. Heavy-oil specialist — PDVSA's Tierra Este Pesado (300 MBD heavy-oil monitoring), SAGD thermal-recovery design at C-7 Tía Juana Pesado, FEL / VCD methodology rolled out at PEMEX with documented results: 75-well intervention portfolio at Cinco Presidentes (+7,590 BPD oil + 15.5 MMPCN gas projected) and a 50-well portfolio at Cárdenas-Jacinto-Paredón (+10,198 BPD oil + 25 MMPCN gas projected). Surface-network design on Pacific Rubiales' Quifa (620 wells) and Rubiales (1,230 wells) saved $8M on a single asset. Eight years on Frontera Energy's heavy-crude desk in the Llanos with 25–30% surface water reduction at high-BSW wells while holding 90–95% of oil production. OFM, Pipesim, MBAL, Prosper, Wellflo. Caracas-resident — one of the returnees the 2007–2017 chapter was waiting on.

Caracas · Heavy Oil · 29 years
DS
Djemila Sanchez
Project Manager · Myrina Energy · Lecherías

Project delivery and engagement coordination for Myrina's Lecherías-anchored work — the operational interface between the technical bench in Phoenix and Milan, the OFAC and due-diligence desk in Houston, the governance and reservoir-engineering bench in Caracas, and the Venezuelan client cycle on the ground. The role that makes a multi-jurisdictional consultancy function in practice rather than on paper: a Petrel model originated in Milan, a reserves report cross-checked in Houston, and a corporate or regulatory filing drafted in Caracas all converge through this seat before reaching a Venezuelan operator's desk. In-country procurement and logistics, field-access coordination, contractor and safety protocol management, and the day-to-day operational continuity that lets a five-time-zone delivery rhythm hold its commitments. Anchor of the Q3 2026 Myrina Energy office stand-up — the difference between a Venezuelan subsidiary as a registered entity and a Venezuelan subsidiary as a working office producing deliverables. The on-the-ground discipline that closes every Lecherías-routed engagement — not the supervisor of one.

Lecherías · Project Delivery · In-Country Coordination
FG
Francy García Contreras
Director of Governance & Country Affairs · Venezuela

Venezuela corporate registration. M&A regulatory filing, supply-chain compliance, country risk frameworks. The institutional layer that prepares Myrina Energy for operational launch — drafted, filed, and walked through, in person, in country. Twenty-plus years executing the work: international procurement at Schlumberger across Venezuela and Trinidad & Tobago (Web Procurement System implementation); strategic purchasing at Siemens (Project Procurement Management compliance rollout); international infrastructure contract management at Andrade Gutierréz across three countries; strategic governance, CSR direction, and M&A regulatory documentation at Grupo Conroy, including Chordoma Foundation clinical-trial investment liaison. Currently co-founder of XCity, an AI-cognitive-wellness platform. Risk Manager ISO 31000 (ERCA, 2017). IESA strategic-negotiation, project-management, ontological coaching, and business-agility certified. Spanish, English, French, and Portuguese in working use — the last unlocks Brazilian sponsor conversations few Venezuelan-side firms can have in language.

Caracas · Governance · Risk · Institutional Affairs
III
Where We Operate

Five cities. One delivery architecture.

Multi-continental presence is not a logistics complication. It is the exact compliance and origination geometry the current market is asking for. A US LLC today, with a Venezuelan subsidiary launching Q3 2026 and Italian Partita IVA incorporation in Q1 2027 — the architecture that lets a single engagement be priced, contracted, and delivered under whichever regime the client requires.

USA

United States

Myrina Ventures LLC · Phoenix, Arizona
Operating · Est. 2026
33°27′N · 112°04′W

Phoenix

Headquarters · Operations · Cybersecurity

Myrina Ventures LLC's US base. Counterparty due diligence, cyber and OT/IT chain-of-custody, infrastructure security for energy operators. The administrative and operational core behind every invoice, contract, and data handoff.

29°45′N · 95°22′W

Houston

Client Liaison Anchor · Industry Hub

Not a Myrina-owned office — but the city the oil-and-gas industry calls home. Every IOC, every major independent, and every reserves-audit shop runs a principal office in Houston. Gordon W. Fielder carries Myrina's client-facing presence in person, paired with the OFAC sanctions counsel discipline that anchors every Venezuelan re-entry engagement. The bench presence that lets a Milan, Phoenix, or Caracas-originated deliverable reach a Houston conference room without an intermediary.

ITA

Italy

Partita IVA · Milan
Compliant · Q1 2027
45°27′N · 9°11′E

Milan

European Practice · Strategic Alliances

The Milan presence is Irúa Euribe in country, anchoring Myrina's European client cycle and the around-the-clock delivery rhythm across five time zones. Italian Partita IVA compliance follows in Q1 2027 — until then, European engagements are invoiced through the Phoenix US LLC, with delivery still operating under the strictest code of ethics European clients require. Active and expanding strategic alliances — including a Houston-based seismic acquisition partner — extend Myrina's bench across disciplines that complement the in-house Reservoir & Geoscience arm.

VEN

Venezuela

Myrina Energy · Lecherías, Anzoátegui
Launching · Q3 2026
10°30′N · 66°55′W

Caracas

Governance · Reservoir Engineering · Country Affairs

Senior-practitioner desks delivering from the capital: governance, M&A regulatory work, and statutory compliance filings for Myrina Energy on one bench; heavy-oil reservoir engineering and dynamic simulation on the other. Caracas is the institutional and technical interface for the Venezuelan transition — corporate registrations filed under due process, supply chains contracted transparently, reservoir models history-matched in country. The depth that lets a Phoenix, Milan, or Houston-originated deliverable meet Venezuelan regulatory and corporate requirements without a translator.

10°12′N · 64°41′W

Lecherías

Operational Anchor · Eastern Venezuela Basin

The Venezuelan subsidiary's operating node, adjacent to Puerto La Cruz, Anzoátegui's hydrocarbon corridor, and the technical centers that supported decades of Faja and offshore activity. Project management runs from here: the operational interface between in-country execution and the Phoenix, Houston, Milan, and Caracas bench.

04
The Inheritance

A geological estate with exceptional potential — and Myrina Energy has the know-how to unlock it.

Venezuela's 300 billion barrels of proven reserves are not in question. What has been in question — for two decades — is whether the institutional, technical, and capital architecture exists to monetize them again. The opportunity for modernization and improved operational reliability is unique worldwide. Myrina Energy is here to increase production potential and maximize asset value.

~1mb/d
Current Floor

Venezuelan production trades near a one-million-barrel-per-day floor — against a 1998 peak of 3.2 million and a reform-ceiling of 5 million.

The delta between the floor and the ceiling is the largest single re-entry opportunity in the global upstream today. It is also the single most technically demanding.

1999—2023
A global dispersion of expertise
A significant portion of Venezuela's top technical talent — geoscientists, reservoir engineers, petrophysicists, and field specialists — transitioned to roles across the Americas, Europe, and the Middle East. Rather than disappearing, their expertise expanded in scope, matured within operator-grade and highly competitive environments, and accumulated decades of advanced international practice. This globalized cohort now represents one of the most technically seasoned Venezuelan diasporas in the energy sector — Myrina's founders and bench among them.
2024—2026
The window opens
Selective OFAC licenses widen. Chevron returns with material scope. Eni and Repsol expand European-licensed gas streams. ExxonMobil, ConocoPhillips, and Shell send scout teams. At CERAWeek 2026, María Corina Machado receives two standing ovations — Yergin calls it unprecedented. The conversation moves from whether to how, when, and with whom.
05
Why Myrina

Three arms. One bench. One accountable voice.

Twenty-five years of operator-side reservoir modeling across six basins. Three IP patents in the petrophysics bench. Houston-resident OFAC sanctions counsel with twenty-nine years of Faja, Leviathan, and Tamar modeling. PDVSA institutional memory across the Eastern Venezuelan basin. A cybersecurity mandate embedded from the first project file to the wire that closes the engagement.

i

Subsurface depth that survives audit

Petrel-native static modeling, SEC PRMS reserves discipline, geosteering, CCUS, UGS, and UHS site work — all delivered to the standard of the best international consultants. Auditor-defensible, peer-reviewable, reproducible.

ii

Compliance architecture that survives review

OFAC-conscious counterparty structuring delivered through a multi-jurisdictional entity architecture — US LLC today, Venezuelan subsidiary launching Q3 2026, Italian Partita IVA incorporation in Q1 2027.

iii

Ground presence that survives the first procurement cycle

Five cities, five time zones, around-the-clock delivery. Senior practitioners in Phoenix, Houston, Milan, Caracas, and Lecherías — the operational interface between an investment committee and a Venezuelan asset.

Most consultancies sell one arm. The Venezuelan re-entry market is buying all three at once. Myrina is built to deliver all three under one coordinated voice, with one chain of custody, from one accountable bench.

06
Contact

Open the conversation.

Most Myrina engagements begin with a thirty-minute scoping conversation and a one-page technical brief. From there, a fixed-fee proposal — typically inside ten business days — is sized to the question, the data, and the deadline.

Web
myrinaventures.com
Direct
info@myrinaventures.com
irua.euribe@myrinaventures.com
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Glossary

Speaking the same language.

Every acronym referenced on this site, defined. Upstream re-entry, OFAC compliance, and energy-transition engagements draw on three industry vocabularies — subsurface, regulatory, and financial. This is the working set Myrina uses with every client.

Reservoir, Subsurface & Energy Engineering

AAPG American Association of Petroleum Geologists
Houston-based professional society, the leading global geoscience association. Its Latin America and Caribbean Region (LACR) convenes the annual Venezuela Technical Symposium and E&P Summit — the principal practitioner forum on Venezuelan upstream re-entry.
AVO Amplitude Versus Offset
Seismic-amplitude analysis technique used to predict hydrocarbon presence and fluid properties before drilling.
CCUS Carbon Capture, Utilization & Storage
Suite of technologies that capture CO₂ at source, transport it, and inject it into subsurface storage horizons. A service line under Arm I (see Section 01).
CMG Computer Modelling Group
Canadian vendor of reservoir simulation software (IMEX, GEM, STARS), widely used for compositional and thermal modeling.
Eclipse Schlumberger reservoir simulator
Industry-standard black-oil, compositional, and thermal reservoir simulator.
FDP Field Development Plan
Comprehensive technical and economic blueprint for developing a hydrocarbon field — subsurface, drilling, facilities, production strategy.
FEED Front-End Engineering Design
Engineering phase between conceptual design and detailed design. Pre-FEED is the earlier feasibility-and-scoping phase that Myrina typically supports.
Intersect Schlumberger reservoir simulator
Next-generation, high-resolution reservoir simulator built for complex unconventional reservoirs and parallel computing.
IPR / VLP Inflow Performance Relationship / Vertical Lift Performance
Production-engineering curves that characterize how reservoir fluid flows from rock into wellbore (IPR) and from wellbore to surface (VLP).
mb/d million barrels per day
Standard upstream unit for production rate. Venezuela's current production floor is ~1 mb/d against a 1998 peak of 3.2 mb/d.
NMR Nuclear Magnetic Resonance
Well-logging technique that measures hydrogen-bearing fluids to estimate porosity, permeability, and fluid type independent of mineralogy.
Petrel Schlumberger subsurface modeling platform
Industry-standard software integrating seismic interpretation, geological modeling, reservoir engineering, and production data. The technical foundation of Arm I.
PRMS Petroleum Resources Management System
Joint SPE / WPC / AAPG / SPEE framework for classifying petroleum reserves and resources by certainty and commerciality.
PVT Pressure-Volume-Temperature
Reservoir-fluid analysis characterizing the phase behavior of hydrocarbons under reservoir conditions. Required input to dynamic simulation.
SEC U.S. Securities and Exchange Commission
The reserves-disclosure rules under SEC Rule 4-10 of Regulation S-X govern how publicly listed operators report proved reserves.
UGS Underground Gas Storage
Use of depleted reservoirs, salt caverns, or aquifers to store natural gas for seasonal or strategic balancing. A service line under Arm I (see Section 01).
UHS Underground Hydrogen Storage
Emerging storage application using salt caverns, depleted gas fields, or aquifers to store H₂ at scale — a key enabler of the hydrogen economy.

Compliance & Regulatory

AML Anti-Money Laundering
Body of regulations requiring financial and certain non-financial businesses to detect and prevent illicit fund flows. AML officer embedded at Myrina from Day 1.
EU European Union
27-member economic and political bloc. EU disclosure rules (CSRD, taxonomy) drive demand for Italian-entity invoicing on Arm II deliverables.
IVA Imposta sul Valore Aggiunto
Italian value-added tax. A Partita IVA is the Italian VAT number assigned to businesses and self-employed professionals. Myrina's Italian Partita IVA incorporation is scheduled for Q1 2027; until then, European engagements are invoiced through the Phoenix US LLC.
JD Juris Doctor
The U.S. professional law degree. Gordon W. Fielder's JD credential underpins Arm III's OFAC sanctions advisory.
OFAC Office of Foreign Assets Control
U.S. Treasury agency that administers and enforces economic sanctions. OFAC general licenses govern most current Western operator activity in Venezuela.
TCFD Task Force on Climate-related Financial Disclosures
Industry framework for climate-risk disclosure now incorporated into mandatory EU and UK disclosure regimes.
US / USA United States / United States of America
Myrina Ventures LLC is registered in Phoenix, Arizona.

Operators, Entities & People

C.A. Compañía Anónima
Venezuelan equivalent of a public limited company (≈ Inc. / S.A.). Myrina Energy C.A. launches in Lecherías in Q3 2026.
CERAWeek Cambridge Energy Research Associates Week
The world's leading energy industry conference, held annually in Houston by S&P Global. CERAWeek 2026 produced the inflection signal documented in Section 04.
Eni Italian energy major (originally Ente Nazionale Idrocarburi, 1953)
Now operates under the single brand name Eni. Italian energy major referenced in CERAWeek 2026 coverage in Section 04.
IOC International Oil Company
Privately owned, multinational oil and gas operator (e.g., Chevron, ExxonMobil, Shell, Eni, Repsol).
LLC Limited Liability Company
U.S. corporate form combining limited shareholder liability with pass-through taxation. Myrina Ventures LLC is registered in Phoenix, Arizona.
MCM María Corina Machado
Venezuelan opposition leader. Her CERAWeek 2026 framing of the $150 B foreign-investment requirement and the 5 mb/d production ceiling anchors Myrina's market thesis.
NOC National Oil Company
State-owned oil and gas operator (e.g., PDVSA, Saudi Aramco, Pemex, Petrobras).
PDVSA Petróleos de Venezuela, S.A.
Venezuelan state-owned oil company. Operator-side experience accumulated by Myrina's practitioners during PDVSA-era engagements underwrites the firm's subsurface depth (Arm I) and counterparty due-diligence capability (Arm III).

Technology & Cybersecurity

AI Artificial Intelligence
Class of computational systems that perform tasks normally requiring human intelligence. Both an Arm I workflow asset (CCUS site screening, reservoir simulation) and a Shield-mandate threat vector.
GIS Geographic Information System
Spatial data platform for mapping subsurface and surface assets. Part of Myrina's innovation stack.
LLM Large Language Model
Foundation-model class underlying modern AI text systems. Myrina's in-bench workflows leverage LLM augmentation under Shield-controlled data governance.
OT / IT Operational Technology / Information Technology
OT covers control systems for physical processes (SCADA, ICS, field instrumentation). IT covers business data and computing. The boundary between them is the principal modern attack surface for energy operators.

Business & Finance

CEO Chief Executive Officer
Irúa Euribe.
COO Chief Operating Officer
Jesús Mogollón.
DCF Discounted Cash Flow
Standard financial valuation method projecting future cash flows discounted to present value. Underpins reserves-economic and re-entry scenario decks.
DD Due Diligence
Investigation of a target asset, counterparty, or transaction prior to commitment. Independent block due diligence is Arm III's flagship deliverable.
Q1 First Quarter
January–March. Italian Partita IVA compliance for Myrina's European invoicing capability is scheduled for Q1 2027.
Q3 Third Quarter
July–September. Myrina Energy C.A. launches in Lecherías in Q3 2026.