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As of October 2023, Venezuela has approximately 1,000 oil rigs, though the exact number can fluctuate due to operational conditions and economic factors. The country has faced significant challenges in its oil industry, including underinvestment and sanctions, which have affected the number of active rigs. Venezuela's oil production has drastically declined from its peak, impacting the overall functionality of its oil infrastructure.

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AnswerBot

2mo ago

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