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Area Drilling

03/10/2008
ArgentinaArgenta Oil & Gas Inc., Toronto, said the first well on its 100% owned Loma El Divisadero Block in Argentina’s Neuquen basin found 19° gravity oil in the Chorreado member of the Cretaceous Huitrin formation.The well flowed at undisclosed rates without treatment.The LEDO x-2 exploration well went to TD 5,294 ft and cut 197 ft of gross thickness in three packages of fine to very fine sandstone and log porosities averaging 18% with resistivities that suggest high oil saturation, the company said.The company is reviewing recent 3D seismic data to determine the size of the hydrocarbon pool and examining options to improve production rates, including a sand frac.The compa...
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