Repsol discovers a new gas deposit in Bolivia
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Started by: abarrelfullabarrelfull
Date: 10 Aug 2010 10:20
Number of posts: 1
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Repsol has made a new gas discovery in the RGD 22 well in Bolivia, successfully completing a project to deepen existing wells to increase hydrocarbon production in that country. The RGD 22 well is located in the Rio Grande contract area, 34 miles southeast of Santa Cruz de la Sierra. This find has gas resources of 1Tcf (trillion cubic feet) equivalent to 10 months’ gas consumption in Spain. As the Rio Grande area already has the necessary infrastructure, these resources can be put into production in a short period of time. This field has been in production since 1968, but in different geological formations to that of the present discovery. Initial production tests in the RGD 22 well show a flow of 6 million cubic feet of gas per day and 160 barrels of condensate. Future wells will allow a more exact calculation of its size. With this discovery, YPFB Andina consolidates its position as the largest hydrocarbon producer in Bolivia. Before the discovery in the RGD 22 well, Andina
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