2020-12-24 23:05:54 GMT2020-12-25 07:05:54(Beijing Time) Xinhua English
LA PAZ, Dec. 24 (Xinhua) Bolivia s President Luis Arce on Thursday announced the discovery of a mega natural gas field estimated to hold one trillion cubic feet, located in the Boicobo Sur X1 well at the Caipipendi block, in the southern department of Chuquisaca. Our Pachamama (Mother Earth) is giving us Bolivians a nice Christmas present, Arce said at a press conference.
According to the Ministry of Hydrocarbons, project studies of the site began in 2015, during the administration of then-president Evo Morales, drilling began in October 2019 and by Dec. 2 of this year, drilling was completed.
LA PAZ, Dec. 24 (Xinhua) Bolivia s President Luis Arce on Thursday announced the discovery of a mega natural gas field estimated to hold one trillion cubic feet, located in the Boicobo Sur X1 well at the Caipipendi block, in the southern department of Chuquisaca. Our Pachamama (Mother Earth) is giving us Bolivians a nice Christmas present, Arce said at a press conference. According to the Ministry of Hydrocarbons, project studies of the site began in 2015, during the administration of then-president Evo Morales, drilling began in October 2019 and by Dec. 2 of this year, drilling was completed. Some 74 million U.S. dollars have been invested to date in drilling activities at the Boicobo Sur X1 well.
Bolivia announces new discovery of mega gas field - Xinhua xinhuanet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from xinhuanet.com Daily Mail and Mail on Sunday newspapers.
Press Release Minister Franklin Molina of Bolivia meets with the Ambassador of the Russian Federation to resume bilateral cooperation on hydrocarbons and energy
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CGG signs multi-client airborne gravity gradient survey agreement with SNPC in Congo 12/10/2020
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PARIS - CGG is mobilizing to acquire the industryâs first-evermulti-client airborne gravity and magnetic survey of the onshore Congo Cuvette Basin in the Republic of Congo after signing an agreement with the SNPC and the Ministry of Hydrocarbons. The project has already received significant prefunding from the oil and gas industry. Scheduled for licensing in early 2021, the survey data will significantly support industry exploration initiatives by helping to assess hydrocarbon prospectivity and provide a backbone for future exploration of the area.
The Congo Cuvette basin is a large underexplored onshore sedimentary basin, in a logistically challenging area for resource exploration. This airborne geophysical survey will support the initiatives of the government of the Republic of Congo and SNPC to attract investment into this front