Exploration & Production
Madalena Ventures Inc. Provides Argentina Shale Well Update
Print
|
Madalena Ventures Inc. and its wholly owned subsidiary Madalena Austral SA, has provided an update on its operations in Argentina.
On the Coiron Amargo Block, the CAS X-2 vertical exploration well in the center of the block has been cased as a potential oil discovery. The well was drilled and cased to a total depth (TD) of 11,522 feet (3,512 meters). In the Sierras Blancas formation the well encountered a potential gross hydrocarbon column of 70 feet (21 meters). The Vaca Muerta formation interval was found to be 433 feet (132m) thick. Once current operations are completed the drilling rig is expected to move to the northern portion of the block in order to drill two further wells in existing discovered Sierras Blancas pools.
At CAS X-1, flow testing of the Vaca Muerta continues where a…
- ✓ 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).