Total extends Bolivian gas-condensate structure

By OGJ editors
HOUSTON, May 12
-- An exploratory well in southern Bolivia has tested gas-condensate, confirming a northern extension of the Incahuasi structure discovered in 2004.

Total E&P Bolivie said the AQI-X1001 well flowed at rates of 17.6 MMcfd of gas and 500 b/d of condensate from a limited section of the formation.

The well, on the Aquio block, confirms the northern extension of the structure found in 2004 by the ICS-X1 well on the adjacent Ipati block. Hydrocarbons on both blocks are contained in fractured sandstone reservoirs of Devonian age.

The company has submitted a commerciality declaration that relates to both blocks.

Total E&P Bolivie operates the blocks with 80% participating interest. Tecpetrol de Bolivia has 20% interest. Under an agreement entered into in 2010 and which remains subject to government approval, Total will assign OAO Gazprom a 20% interest in both blocks.

Related Articles

Tethys reports second successful gas well in Kazakhstan

03/20/2014 Tethys Petroleum Ltd. reported the success of the second shallow gas exploration well of its 2014 program on the Akkulka block in the Caspian regio...

BOEM: Firms bid $850 million in high bids in central gulf lease sale

03/19/2014 The US Bureau of Ocean Energy Management reported that its central Gulf of Mexico Lease Sale 231 received 380 bids from 50 companies on 326 blocks,...

CNOOC makes gas discovery in Qiongdongnan basin

03/19/2014

CNOOC Ltd. has made a natural gas discovery in the east Lingshui Sag of the deepwater area in the South China Sea’s Qiongdongnan basin.

Cairn, FAR to drill exploration wells offshore Senegal

03/19/2014

FAR Ltd., Perth, will participate in the drilling of two deepwater exploration wells offshore Senegal next month.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected