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Title: Review of 1969 petroleum developments in South America, Central America, and Caribbean area

Abstract

This review includes information on petroleum developments during 1969 in 29 countries. Petroleum was produced in 10 countries and their combined total production for the year was 1,696,391,000 bbl, an increase of 0.15% from the previous year. Venezuela produced 77% of the total although its production decreased slightly (0.3%). Production increased in Colombia (19.3%), Brazil (7.5%), and Argentina (3.9%), and decreased in all other producing countries. A total of 10,684,429 ft was drilled in 1,627 wells; in comparison with 1968, this was an increase of 0.5% in footage, but a decrease of 121 wells. Exploration drilling was carried out in 14 countries and 28% of the 365 wells were successful. Party-months of geologic and geophysical work for the area of this review were: surface geology, 322; seismograph, 544; gravity, 30; air magnetometer, 19; and 63% of this work was in Argentina and Brazil. Notable exploration events were the Caimancito field discovery in Argentina, discovery of crude oil off the E. coast of Trinidad in the area where gas and condensate were found earlier, and the continued successful wildcatting in E. Ecuador.

Authors:
Publication Date:
Research Org.:
Gulf Oil Corp.
OSTI Identifier:
5003035
Resource Type:
Journal Article
Journal Name:
Am. Assoc. Pet. Geol., Bull.; (United States)
Additional Journal Information:
Journal Volume: 54:8
Country of Publication:
United States
Language:
English
Subject:
02 PETROLEUM; 03 NATURAL GAS; CENTRAL AMERICA; PETROLEUM INDUSTRY; GREATER ANTILLES; SOUTH AMERICA; ARGENTINA; BRAZIL; CARIBBEAN SEA; COLOMBIA; ECUADOR; EXPLORATION; GAS CONDENSATES; GEOLOGY; OIL WELLS; PETROLEUM; PETROLEUM DEPOSITS; PRODUCTION; RESOURCE DEVELOPMENT; SEISMICITY; STRATIGRAPHY; TRINIDAD AND TOBAGO; VENEZUELA; WELL DRILLING; ATLANTIC OCEAN; CONDENSATES; DEVELOPING COUNTRIES; DRILLING; ENERGY SOURCES; FLUIDS; FOSSIL FUELS; FUELS; GEOLOGIC DEPOSITS; INDUSTRY; ISLANDS; LATIN AMERICA; LESSER ANTILLES; LIQUIDS; MINERAL RESOURCES; NATURAL GAS LIQUIDS; RESOURCES; SEAS; SURFACE WATERS; WELLS; WEST INDIES; 020300* - Petroleum- Drilling & Production; 030300 - Natural Gas- Drilling, Production, & Processing

Citation Formats

Neff, C H. Review of 1969 petroleum developments in South America, Central America, and Caribbean area. United States: N. p., 1970. Web.
Neff, C H. Review of 1969 petroleum developments in South America, Central America, and Caribbean area. United States.
Neff, C H. 1970. "Review of 1969 petroleum developments in South America, Central America, and Caribbean area". United States.
@article{osti_5003035,
title = {Review of 1969 petroleum developments in South America, Central America, and Caribbean area},
author = {Neff, C H},
abstractNote = {This review includes information on petroleum developments during 1969 in 29 countries. Petroleum was produced in 10 countries and their combined total production for the year was 1,696,391,000 bbl, an increase of 0.15% from the previous year. Venezuela produced 77% of the total although its production decreased slightly (0.3%). Production increased in Colombia (19.3%), Brazil (7.5%), and Argentina (3.9%), and decreased in all other producing countries. A total of 10,684,429 ft was drilled in 1,627 wells; in comparison with 1968, this was an increase of 0.5% in footage, but a decrease of 121 wells. Exploration drilling was carried out in 14 countries and 28% of the 365 wells were successful. Party-months of geologic and geophysical work for the area of this review were: surface geology, 322; seismograph, 544; gravity, 30; air magnetometer, 19; and 63% of this work was in Argentina and Brazil. Notable exploration events were the Caimancito field discovery in Argentina, discovery of crude oil off the E. coast of Trinidad in the area where gas and condensate were found earlier, and the continued successful wildcatting in E. Ecuador.},
doi = {},
url = {https://www.osti.gov/biblio/5003035}, journal = {Am. Assoc. Pet. Geol., Bull.; (United States)},
number = ,
volume = 54:8,
place = {United States},
year = {Sat Aug 01 00:00:00 EDT 1970},
month = {Sat Aug 01 00:00:00 EDT 1970}
}