Pan Andean Resources Encounters Gas in Bolivia

Pan Andean Resources says that the El Dorado X-1004 exploratory well, located in Santa Cruz, Bolivia, has been completed. Gas shows were encountered at target depths with good porosity and permeability in the key target zone. Electric logs showing the presence of gas, good porosity and permeability strengthen our belief that the total reserves are over 400 bcf of gas and 6 million barrels of associated condensate.

Production testing was inconclusive, pending re-entry closer to the development date.

The well confirms our belief that the reservoir extends at the west flank of El Dorado anticline.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Geoscience Workflow Specialist
Expertise: Geoscientist
Location: Houston, TX
 
Fluids Analysis Specialist
Expertise: Chemist|Geochemist
Location: Houston
 
Asset Analyst
Expertise: Accounting|Asset Management|Financial Analyst
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $53.96/BBL 0.35%
Light Crude Oil : $51.36/BBL 0.21%
Natural Gas : $3.209/MMBtu 0.34%
Updated in last 24 hours