Argentina

Crown Point Ventures Ltd., Calgary, will drill three wells to redevelop part of El Valle oil field in the Golfo San Jorge basin in Argentina.

By OGJ editors
HOUSTON, June 16
– Crown Point Ventures Ltd., Calgary, will drill three wells to redevelop part of El Valle oil field in the Golfo San Jorge basin in Argentina.

The Cretaceous Canadon Seco, Caleta Olivia, and Mina el Carmen formations each may have multiple discrete hydrocarbon-bearing zones. Canadon Seco typically produces 16-22° gravity oil while Caleta Olivia and Mina el Carmen produce 30° gravity oil.

The EV-22, 23, and 24 wells will be drilled to 1,080-1,150 m.

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