Exploration & Production | Drilling & Completions | Industry News
Madalena Looks to Accelerate Vaca Muerta Drilling
Print
|
Madalena Ventures Inc. has reported the following updates in regard to its Argentinean operations.
International Operations Update - Neuquen BasinIn Argentina, exploration and delineation activity continues on the Company's large petroleum in-place unconventional shales and conventional tight sand plays.
In the southern portion of the Coiron Amargo block (Madalena 35% W.I.), Madalena continues to define and quantify the Vaca Muerta shale potential on the block with the recent drilling of the CAS X-5 exploration well. The CAS X-5 location was drilled to a total depth of 3,400 meters (or 11,155 feet) and encountered hydrocarbon in the Vaca Muerta as expected. CAS X-5 has now been cased with approximately 100 meters of Vaca Muerta shale on logs and an average total organic content (TOC)…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Latin America News
Chevron, Quantum prepare joint bid for Lukoil’s international assets
Chevron and private equity firm Quantum Energy Partners are preparing a joint bid for the international assets of Russian oil major Lukoil, a package estimated to be worth…
Exxon Extends Offshore Guyana Work with Noble Corp.
Noble Corp. announced that the ultra-deepwater drillship Noble Tom Madden has been awarded approximately 6.5 years of additional contract term under the Commercial Enabling Agreement (CEA) with ExxonMobil…
Halliburton Expects Slow 4Q, More Cost Cutting, Stacking Equipment
Halliburton reported its Q3 2019 results. Here are the highlights from its call and report. Shift from US to International Similar to Schlumberger, Halliburton noted the shift in…
YPF, Petrona Sign Agreement to Invest US$ 2.3B in Vaca Muerta
YPF and Petronas agreed this week to invest US$ 2.3 billion in a shale oil project in Vaca Muerta, with a target of reaching 60,000 b/d of oil…
Pemex, Lewis Energy Partner to Target Eagle Ford in Northern Mexico
Pemex and Lewis Energy have inked a joint development deal, which will be focused on targeting the Eagle Ford play in northern Mexico (Coahuila).