Oil M&S Presents Work Program for Jachal Exploration

Argentine oil company Oil M&S has presented its work program to explore the Jachal area in San Juan province, the provincial government said in a statement, citing company sources.

The first three years of the plan involve acquiring 400 sq km of 2D seismic data and reprocessing existing seismic data.

M&S is carrying out the seismic study due to the lack of available information on the field, which makes the area's risks "very high," the statement reported M&S's chief of exploration and development Domingo Granero as saying.

The company aims to study the 5,000m-deep well on the property that was drilled in 1978. "It was this well that tempted us to present a bid in the tender and has given us hope of finding oil," he said in the statement.

Oil M&S is soliciting permits for the exploration as well as an environmental study.

Visit BNamericas to access our real-time news reports, 7-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Production Engineer
Expertise: Production Engineering
Location: Houston, TX
Senior Client / Program Manager
Expertise: Geologist|Reservoir Engineering
Location: Seattle, WA
Senior Sales Representative - Oil and Gas
Expertise: Corrosion Engineering|Petroleum Engineering|Sales
Location: Harvey, LA
search for more jobs

Brent Crude Oil : $49.98/BBL 1.59%
Light Crude Oil : $49.18/BBL 1.56%
Natural Gas : $2.73/MMBtu 1.44%
Updated in last 24 hours