Bolivia's sedimentary basins hold large gas, oil potential

The Republic of Bolivia is a land-locked country that comprises 1,098,582 sq km (424,163 sq miles), equal to the size of California and Texas combined.Latest population figure is 7.4 million.About 535,000 sq km of Bolivia is considered to have hydrocarbon potential. Today, 124,297 sq km is operated by private companies and the other 410,703 sq km is open for bidding. Click here to enlarge imageIn Bolivia the evolution of the different tectonic and sedimentary cycles established the development of several superimposed basins. The events occurred between the middle Proterozoic until late Neogene.The development of the sedimentary basins has been controlled by the following geotectonic unit...

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