New Discovery on the San Alberto Block in Bolivia

abarrelfullabarrelfull wrote on 09 May 2012 10:43
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March 19, 1999

A new well on the San Alberto permit, located in Gran Chaco province in southern Bolivia, has confirmed the block's potential natural gas reserves. The new well, SAL X-9, is located roughly five kilometers from the SAL X-10 well, which revealed the existence of a natural gas field in January. TOTAL holds a 15% interest in the San Alberto permit alongside Empresa Petrolera Andina SA (50%) and Petrobras Bolivia SA (35%), operator.

The SAL X-9 well reached a depth of 4,565 meters in massive sandstone formations, known locally as Huamampampa, after exploring them for more than 80 meters. Production tests carried out in the formations indicated yield of more than 650,000 cubic meters of gas a day and approximately 65 cubic meters of condensate a day in normal operating conditions.

The SAL X-9 well confirms the reservoir's very high productivity already suggested by SAL X-10, and with it the existence of very promising potential reserves on the block.
When added to TOTAL's considerable natural gas reserves in Argentina, the new discovery strengthens the Group's position as a leading supplier of natural gas to the Southern Cone, and in particular to Brazil, which will be partially supplied from Bolivia via a gas pipeline currently in the start-up phase.

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