Peru onshore-deepwater basins should have large potential
- BPZ and Associates Inc., Houston, TX (United States)
Perupetro`s recent announcement that 13 offshore exploration blocks of nearly 1 million acres each will be offered for bids in the fourth quarter of 1998 has reawakened interest in this extensive, largely unexplored area. The new government policy, combined with the results of modern, deep-probing seismic surveys, has already led to a stepped-up search for oil and gas that will probably escalate. Most of Peru`s ten coastal basins are entirely offshore, but at both ends of the 1,500-mile coastline the sedimentary basins stretch from onshore across the continental shelf and down the continental slope. Two of these basin areas, both in the north, have commercial production. The third, straddling the country`s southern border, has never been drilled either on land or offshore. The Peruvian sectors of these three basins total roughly 50,000 sq miles in area, 75% offshore. All have major oil and gas potential. They are described individually in this article, an update in the ongoing studies last reported at the 1998 Offshore Technology Conference and in the first article of this series.
- OSTI ID:
- 659152
- Journal Information:
- Oil and Gas Journal, Vol. 96, Issue 42; Other Information: PBD: 19 Oct 1998
- Country of Publication:
- United States
- Language:
- English
Similar Records
Outer Continental Shelf oil and gas activities in the Atlantic and their onshore impacts. Atlantic summary report, July 1, 1983-December 31, 1984
Pacific summary report. Outer Continental Shelf oil and gas activities in the Pacific and their onshore impacts