Oil and Gas: Government announces discovery of two reservoirs

The Government announced the discovery of two new wells that will inject hydrocarbons into the country’s production. These are Yarará, in Santa Cruz, which will produce oil from next month, production tests carried out on this well indicate that it will have a production of 400 barrels per day (BPD); and Sipotindi X-1, in Macharetí, in Chuquisaca. In the area, the depth has already exceeded 6,300 meters, although there are still some 300 to go, YPFB expects to supply gas in about two months.

Source: Página Siete