Review of 1968 petroleum developments in South America, Central and Caribbean area
This review includes information on 29 countries. Petroleum production in 1968 is reported from 9 countries and their combined total production was 1,692,889,000 bbl, an increase of 2.4% from the previous year. Venezuela's production at 78% of the total continues to dominate in this region. However, notable increases were made in daily production rates of Chile (10.4%), Brazil (9.5%), and Argentina (8.6%). Production declined in Colombia (8.4%) and Ecuador (20.3%), but the trends of these 2 countries should be reversed in the near future, as new fields in the Putumayo Basin of Colombia are scheduled to go on production in 1969 and important discoveries were made this year in E. Ecuador. In 1968, a total of 10,632,407 ft was drilled in 1,748 wells, an increase from 1967 to 3.4% in footage and 29 wells. Exploration drilling was carried out in 12 countries and of the 370 exploratory wells completed, 32% were successful. Party-months of geologic and geophysical work for the whole area were: surface geology, 338; seismograph, 593; gravity, 76; and airmagnetometer, 16. Sixty-one percent of this work was in Argentina and Brazil.
- Research Organization:
- Gulf Oil Corp.
- OSTI ID:
- 5000306
- Journal Information:
- Am. Assoc. Pet. Geol., Bull.; (United States), Vol. 53:8
- Country of Publication:
- United States
- Language:
- English
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Petroleum developments in South America, Central America, and Caribbean in 1972
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03 NATURAL GAS
CARIBBEAN SEA
PETROLEUM INDUSTRY
CENTRAL AMERICA
SOUTH AMERICA
ECONOMIC ANALYSIS
EXPLORATION
EXPLORATORY WELLS
GRAVITY SURVEYS
ISLANDS
MAGNETIC SURVEYS
NATURAL GAS FIELDS
OFFSHORE DRILLING
OIL FIELDS
OIL YIELDS
PETROLEUM
PRODUCTION
PRODUCTIVITY
RESERVES
REVIEWS
SEISMIC SURVEYS
WELL COMPLETION
WELL DRILLING
ATLANTIC OCEAN
DOCUMENT TYPES
DRILLING
ECONOMICS
ENERGY SOURCES
FOSSIL FUELS
FUELS
GEOLOGIC DEPOSITS
GEOPHYSICAL SURVEYS
INDUSTRY
LATIN AMERICA
MINERAL RESOURCES
NATURAL GAS DEPOSITS
PETROLEUM DEPOSITS
RESOURCES
SEAS
SURFACE WATERS
SURVEYS
WELLS
YIELDS
020300* - Petroleum- Drilling & Production
020200 - Petroleum- Reserves
Geology
& Exploration
030200 - Natural Gas- Reserves
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030300 - Natural Gas- Drilling
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