ARGENTINA OFFSHORE-2: Southern offshore basins of Argentina underexplored

03/27/2006
This is the second of two parts on the status of Argentina’s underexplored basins in the South Atlantic Ocean, only one of which has commercial hydrocarbon production.Offshore Austral basinAustral is at present Argentina’s only productive offshore basin.The offshore part of the Austral basin has an extent of 46,000 sq km (Fig. 2). Through 2005, 108 wildcat wells were drilled and 34,840 km of 2D seismic and 3,530 sq km of 3D seismic were acquired.Hidra oil and gas field was discovered in 1982 and placed on production in 1989 (Fig. 8).On June 2005, Total Austral SA and partners began production from the Carina-Aries gas fields on Block CMA-1 off Tierra del Fuego (Fig. 8). Click...
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