Petroleum developments in South America, Central America, and Caribbean area in 1971

Journal Article · Fri Sep 01 00:00:00 EDT 1972 · Am. Assoc. Pet. Geol. Bull.; (United States)

OSTI ID:6092072

Jacobsen, P Jr; Neff, C H

This review presents information on 1971 petroleum developments in 27 countries and areas. Ten countries had petroleum production; this totaled 1,689,090,000 bbl (4,627,648 bpd), a decrease of 2.8% from the previous year. Total drilling decreased to 1,887 wells, 91 less than in 1970; but the number of exploration wells was 410, up by 20. Exploration drilling was carried out in 18 countries, but no new countries came into commercial production. Party-months of geologic and geophysical field work were: surface geology, 212 (329 in 1970); seismograph, 671 (659); gravity, 53 (51); and magnetometer, 5.0 (12.6). Successful exploration drilling continued in E. Ecuador and in E. offshore Trinidad; heavy development drilling was done in several of the discovery areas; and first export production from the new major fields will come in 1972. The high level of 1970 exploration drilling effort on the Brazil continental shelf was maintained through 1971. Additional offshore drilling in Argentina and off the E. coast of Nicaragua was disappointing; and results of first tests in the N. offshore Trinidad permits, and on the outer shelf of Guyana and of Surinam, have been only moderately encouraging.

• Research Organization: Esso Exploration Inc.
• OSTI ID: 6092072
• Journal Information: Am. Assoc. Pet. Geol. Bull.; (United States), Vol. 59:9
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
ARGENTINA
PETROLEUM DEPOSITS
BRAZIL
ECUADOR
NICARAGUA
OIL WELLS
PRODUCTION
EXPLORATION
TRINIDAD AND TOBAGO
CARIBBEAN SEA
CENTRAL AMERICA
DRILLING
GEOLOGY
GEOPHYSICAL SURVEYS
PETROLEUM
SOUTH AMERICA
ATLANTIC OCEAN
DEVELOPING COUNTRIES
ENERGY SOURCES
FOSSIL FUELS
FUELS
GEOLOGIC DEPOSITS
LATIN AMERICA
LESSER ANTILLES
MINERAL RESOURCES
RESOURCES
SEAS
SURFACE WATERS
SURVEYS
WELLS
020200* - Petroleum- Reserves
Geology
& Exploration
020300 - Petroleum- Drilling & Production