PDVSA launches Deltan platform exploration program

Petroleos de Venezuela was to have spudded the first well in February in a $375 million, 2-year exploration program in the Orinoco Delta.The Pride Venezuela semisubmersible is to drill 12 exploration and appraisal wells in 150-1,500 ft of water in an area 155 miles off Delta Amacuro (OGJ, Feb. 18, Newsletter). The rig can drill to 25,000 ft and has a crew of 100.PDVSA exploration officials said the program is aimed at growth faults offshore, a different structural and stratigraphic environment than that found around Pedernales oil field, the only producing area in the onshore portion of the delta.The area to be explored is 1,000 sq km initially, but PDVSA hopes to expand it to 2,250 sq km...

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