Argentina: Crown Point gears up in Neuquen's El Valle

By OGJ editors

Drilling is to start by Mar. 22 on a 10-12-well drilling program in the El Valle area of Argentina’s Neuquen basin, said Crown Point Ventures Ltd., Calgary.

Excessive rain has delayed start of the program, but a rig is under contract and the first 6-7 wells will be multizone oil development in the Canadon Seco and Caleta Olivia formations. The company plans to drill 24 wells at El Valle in the next 2 years.

Crown Point is also undertaking 2-4 workovers at El Valle to access behind-pipe pay zones. This work is also to start in late March.

The company awarded a contract to electrify the lower part of El Valle field. The project is to be complete in 4-6 months. Electrification will enable installation of high-volume progressive cavity pumps, more consistent production rates, better well monitoring, and reduced costs.

Related Articles

Lundin completes appraisal wells for Johan Sverdrup

03/28/2014 Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB, has completed Johan Sverdrup appraisal wells 16/3-8 S and 16/3-8 S T2 in the ea...

Kentucky: Daybreak begins 2014 drilling campaign

03/28/2014 Daybreak Oil & Gas Inc., Spokane, Wash., has drilled the first well in its 20-well development drilling program for the 2014-15 fiscal year at ...

BLM seeks comments on Noble’s proposed Nevada gas exploration

03/27/2014 The US Bureau of Land Management is seeking comments on Noble Energy Inc.’s proposed natural gas exploration drilling on leases it holds in the Tab...

Kansas-Missouri heavy oil area draws new operator

03/26/2014 Worthington Energy Inc., San Francisco, said it will attempt to recover heavy oil on the Barr Cattle Co. lease near Chetopa in southeastern Kansas.

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