GeoPark to invest $7 billion to lift output at Venezuelan oilfield ↧ ↧ GeoPark to invest $7 billion to lift output at Venezuelan oilfield Colombia's oil and gas ‌producer GeoPark is planning a $7 billion investment in Venezuela's large Bare oilfield to increase crude output there to some 90,000 barrels per day by 2038 from a current 11,000 bpd, the ​company's chief executive, Felipe Bayon, said on Tuesday.