Pluspetrol Could Drill 3 More Wells on Block 56

Pagoreni Field
(Click to Enlarge)
The Peruvian subsidiary of Argentine oil company Pluspetrol could drill three more wells on the Pagoreni field in block 56 by year-end, government newspaper El Peruano reported, quoting subsidiary CEO Norberto Benito.

Pagoreni is known as Camisea 2 and its developers are the same as for Camisea: Pluspetrol owns 26%, US company Hunt Oil 36%, Argentina's Tecpetrol and Algeria's Sonatrach each have 10% and South Korea's SK Corporation 18%.

Each well will require US$17mn-20mn investment.

The company already has completed drilling three wells on the block.

Block 56 has proven reserves of 2.85Tf3 (80.7Bm3) as well as 1.97Tf3 probable and possible reserves, BNamericas previously reported.

Visit BNamericas to access our real-time news reports, 10-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
Drilling Supervisor - Land
Expertise: Company Man|Drilling Consultant|Drilling Foreman / Drilling Supervisor
Location: Opportunities Throughout the Lower 48
Completions Supervisor
Expertise: Company Man|WellSite Supervisor|Workover or Completion
Location: Richmond, TX
Field Engineer-Wireline
Expertise: Drilling Foreman / Drilling Supervisor|Perforation
Location: Odessa, TX
search for more jobs

Brent Crude Oil : $50.47/BBL 0.98%
Light Crude Oil : $49.72/BBL 1.09%
Natural Gas : $2.76/MMBtu 1.09%
Updated in last 24 hours