History of Earth the late Paleozoic. The Mesozoic ("middle life") era lasted from 251 Ma to Ma. It is subdivided into the Triassic, Jurassic, and Cretaceous periods. The era began with the Permian–Triassic extinction event, the most severe extinction event in the fossil record; 95% of the species on Earth died out. It ended with the Cretaceous–Paleogene extinction event that wiped out the dinosaurs.. The Cenozoic ("new life") era began at Ma, and is subdivided into the Paleogene, Neogene, and Quaternary periods. These three periods are further split into seven sub-divisions, with the Paleogene composed of The Paleocene, Eocene, and Oligocene, the Neogene
Carabobo Field attributed to the formation of the field is when North America separated from Gondwanaland in the Late Triassic/Early Jurassic (~200 million years ago). The rifting in this period is represented by Late Jurassic basalts deposited in the Espino graben. This event led to the northern passive margin of South America. During the Cretaceous Period (~150 million years ago), the passive margin began to subside from organic rich sediments being deposited. This deposition includes the Querecual and San Antonio formations that would become source rocks for the Orinoco Oil Belt. The next tectonic event is referred to as a progressive collision