TotalFina steps up exploration in Bolivia's gas-rich south

12/06/1999
A unit of France's TotalFina SA has discovered 7.3 tcf of proven and probable natural gas reserves in a single field in Bolivia. The firm is stepping up exploration of the area, where it has already identified three other prospects.The recent Itau discovery, on Block XX (Tarija West) in Gran Chaco province, brings TotalFina's share of total Bolivian gas reserves to 31%. As a result of the find, Bolivia's gas reserves now total 23.7 tcf (not 27.3 tcf, as reported in OGJ, Nov. 8, 1999, p. 36).The Itau X-1-A well encountered gas-condensate pay in Devonian Huamampampa and Icla sands (OGJ, Aug. 16, 1999, p. 36). The field lies near the Argentine border, where most of Bolivia's larg...
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