Repsol Announces Results From Exploratory in Bolivia

Drilling Activity Details

Locations

Bolivia

Operators
Post Date
Shore Type
Well Name
#1-X Chaco Este
Geo Coordinate

Drilling Activity Summary

Description

Repsol YPF announced results from an exploration well completed in Gran Chaco Province, Bolivia. The #1-X Chaco Este confirmed the existence of shallow gas resources of approximately 200 MMcf and 11 MMbbl of liquids in the Chorro, Tupambi and Iquiri formations. A total of 11 development wells will be drilled in 2019—five gas wells and six oil wells. According to the Madrid-based company, the maximum production of this field is expected to be about 35 MMcf of gas and 5 Mbbl of oil per day.
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