Area Drilling

ArgentinaWilliams Cos., Tulsa, said its net production in Argentina averages 6,000 b/d of oil and 16 MMcfd of gas based on its 69% ownership in APCO Argentina Inc., Tulsa.Extension and infill drilling on several blocks has brought Williams's net proved reserves to 35.7 million boe.Williams's interests are 53% in the Entre Lomas concession in Rio Negro and Neuquen provinces, 45% in the Canadon Ramirez concession in southwestern Argentina, and 2% in the Acambuco concession in northwestern Argentina.Also, APCO Argentina in August 2003 completed a seismic commitment to become a 50% working-interest partner in the 2.1 million acre Capricorn exploration block near the border with Bolivi...

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