Total, Tecpetrol gauge gas find in southeastern Bolivia

Oct. 19, 2004
Total SA, Paris, and Tecpetrol SA, Buenos Aires, reported the first discovery on the Ipati Block in southeastern Bolivia.

By OGJ editors

HOUSTON, Oct. 19 -- Total SA, Paris, and Tecpetrol SA, Buenos Aires, reported the first discovery on the Ipati Block in southeastern Bolivia.

The Incahuasi X1 exploratory well flowed more than 35 MMcfd of gas through a 44/64 in. choke from an undisclosed interval. TD is 5,150 m.

Site of the discovery is in the Chaco basin 300 km south of Santa Cruz and about 165 km north of the border with Argentina.

Total 80% and Tecpetrol 20% are partners in the Ipati and adjacent Aquio blocks.

Total said the discovery strengthens its position as a gas operator in Bolivia. Present in the country since 1996, the group discovered Itau gas field in 1999 in the XX Block, which it operates with a 45% interest.

Total also has a 15% interest in San Alberto and San Antonio fields, which have supplied gas to Brazil since 1999 and to Argentina since 2004.