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Oil and gas industry news from Latin America

Canacol secures 15-year gas sales contract in Colombia

Submitted by Paddy Harris on 6th February 2015
06th February 2015
Canacol Energy has announced that its Colombian subsidiary CNE Oil & Gas S.A.S., in its capacity as operator of the VIM 5 Exploration and Production (E&P) contract in Colombia, executed a new 15-year take or pay contract for the sale of 35 million standard cubic feet per day (MMscfpd) of gas to Altenesol LNG Colombia S.A.S. commencing in the fourth quarter of calendar 2016

Canacol Energy has announced that its Colombian subsidiary CNE Oil & Gas S.A.S., in its capacity as operator of the VIM 5 Exploration and Production (E&P) contract in Colombia, executed a new 15-year take or pay contract for the sale of 35 million standard cubic feet per day (MMscfpd) of gas to Altenesol LNG Colombia S.A.S. commencing in the fourth quarter of calendar 2016

Ivanhoe cancels service contract at Block 20 in Ecuador

Submitted by Paddy Harris on 5th February 2015
05th February 2015
Ivanhoe Energy has announced that Ivanhoe's Specific Services Contract on Block 20 in Ecuador is being terminated by mutual consent between Ivanhoe and Petroamazonas EP, Ecuador's state-run oil company

Ivanhoe Energy has announced that Ivanhoe's Specific Services Contract on Block 20 in Ecuador is being terminated by mutual consent between Ivanhoe and Petroamazonas EP, Ecuador's state-run oil company

UK subsea industry targets opportunities offshore Mexico

Submitted by Paddy Harris on 2nd February 2015
02nd February 2015
Subsea UK, a trade association representing the UK’s subsea industry, has highlighted the growing opportunities present in Mexico’s offshore industry following recent energy reform legislation opening up the market to direct foreign participation

Subsea UK, a trade association representing the UK’s subsea industry, has highlighted the growing opportunities present in Mexico’s offshore industry following recent energy reform legislation opening up the market to direct foreign participation

YPF and Sinopec ink collaboration agreement

Submitted by Paddy Harris on 28th January 2015
28th January 2015
YPF, Argentina’s state oil and gas company, has signed a collaboration agreement with China’s Sinopec to jointly develop opportunities across Argentina’s oil and gas supply chain

YPF, Argentina’s state oil and gas company, has signed a collaboration agreement with China’s Sinopec to jointly develop opportunities across Argentina’s oil and gas supply chain

Canacol streams gas at Clarinete 1 onshore Colombia

Submitted by Paddy Harris on 28th January 2015
28th January 2015
Canacol Energy has announced that Clarinete 1, the first well drilled in its recently acquired VIM 5 exploration and production contract onshore Colombia, has tested at a final gross rate of 20.6 million standard cubic feet per day (3,606 barrels of oil equivalent -boepd) of dry gas with no water in the first of two planned production tests over two separate reservoir intervals

Canacol Energy has announced that Clarinete 1, the first well drilled in its recently acquired VIM 5 exploration and production contract onshore Colombia, has tested at a final gross rate of 20.6 million standard cubic feet per day (3,606 barrels of oil equivalent -boepd) of dry gas with no water in the first of two planned production tests over two separate reservoir intervals

LGO flows oil from GY-669 well onshore Trinidad

Submitted by Paddy Harris on 26th January 2015
26th January 2015
LGO has announced that its most recently completed well, GY-669, at the Goudron Field in Trinidad was perforated on 23 January in the C-sands and is now flowing at a stabilised, but highly restricted, rate of 365 barrels of oil per day (bopd) of 41 degree API water-free oil through a 10/32" choke with an average well-head flowing pressure of 1,900 psi

LGO has announced that its most recently completed well, GY-669, at the Goudron Field in Trinidad was perforated on 23 January in the C-sands and is now flowing at a stabilised, but highly restricted, rate of 365 barrels of oil per day (bopd) of 41 degree API water-free oil through a 10/32" choke with an average well-head flowing pressure of 1,900 psi

InterMoor completes mooring and foundation installation for BP off Trinidad and Tobago

Submitted by Paddy Harris on 26th January 2015
26th January 2015
InterMoor has successfully completed a mooring and foundation installation campaign for bpTT’s (BP Trinidad and Tobago) Juniper gas project offshore Trinidad and Tobago

InterMoor has successfully completed a mooring and foundation installation campaign for bpTT’s (BP Trinidad and Tobago) Juniper gas project offshore Trinidad and Tobago

Rex strikes oil at two wells onshore Trinidad

Submitted by Paddy Harris on 21st January 2015
21st January 2015
Rex International has announced that its 98.4 per cent-owned licence-holding company, Caribbean Rex, has completed the drilling of three wells in the South Erin Block in Trinidad and Tobago

Rex International has announced that its 98.4 per cent-owned licence-holding company, Caribbean Rex, has completed the drilling of three wells in the South Erin Block in Trinidad and Tobago

LGO raises funds for Goudron development onshore Trinidad

Submitted by Paddy Harris on 15th January 2015
15th January 2015
LGO has raised around USD 2.4m (GBP 1.575m) to fund its continued work programme at the flagship Goudron Field development onshore Trinidad

LGO has raised around USD 2.4m (GBP 1.575m) to fund its continued work programme at the flagship Goudron Field development onshore Trinidad

Petrel excited following boosted Uruguay reserve assesment

Submitted by Paddy Harris on 13th January 2015
13th January 2015
Petrel Energy, a 51 per cent shareholder of Schuepbach Energy International LLC (SEI), has announced the first independent Prospective Resource certification for the Salto and Piedra Sola concessions in the Norte Basin Uruguay

Petrel Energy, a 51 per cent shareholder of Schuepbach Energy International LLC (SEI), has announced the first independent Prospective Resource certification for the Salto and Piedra Sola concessions in the Norte Basin Uruguay

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