Americas Petrogas, Calgary, (TSX: BOE) has reported the spudding of the Los Toldos Este well that targets the Vaca Muerta shale formation in the Los Toldos blocks (163,500 gross acres or 255 sections or 660 square kilometers) located in the Neuquen Basin of Argentina.
The well has been spudded on Los Toldos II and is planned for drilling to a total depth of approximately 3250 metres with the principal target being the Vaca Muerta Shale along with other secondary traditional targets.
Barclay Hambrook, president and CEO of Americas Petrogas says, "We are pleased about our joint venture with ExxonMobil and Gas y Petroleo del Neuquen and are excited to begin drilling the first of several wells that primarily target the rich, thick Vaca Muerta shale formation along with several stacked potential conventional formations."
This is the first well within the farmout agreement between Americas Petrogas and ExxonMobil Exploration Argentina that was announced in August 2011.
The Los Toldos Este well will be a vertical pilot where the objective is to accumulate the maximum amount of information on the shale characteristics from logging, cores and samples to determine from subsequent analysis the optimum zones for testing and completion. Americas Petrogas is the operator of the well.
Recommended Reading
Going with the Flow: Universities, Operators Team on Flow Assurance Research
2024-03-05 - From Icy Waterfloods to Gas Lift Slugs, operators and researchers at Texas Tech University and the Colorado School of Mines are finding ways to optimize flow assurance, reduce costs and improve wells.
Fracturing’s Geometry Test
2024-02-12 - During SPE’s Hydraulic Fracturing Technical Conference, industry experts looked for answers to their biggest test – fracture geometry.
Haynesville’s Harsh Drilling Conditions Forge Tougher Tech
2024-04-10 - The Haynesville Shale’s high temperatures and tough rock have caused drillers to evolve, advancing technology that benefits the rest of the industry, experts said.
Exclusive: Silixa’s Distributed Fiber Optics Solutions for E&Ps
2024-03-19 - Todd Chuckry, business development manager for Silixa, highlights the company's DScover and Carina platforms to help oil and gas operators fully understand their fiber optics treatments from start to finish in this Hart Energy Exclusive.
2023-2025 Subsea Tieback Round-Up
2024-02-06 - Here's a look at subsea tieback projects across the globe. The first in a two-part series, this report highlights some of the subsea tiebacks scheduled to be online by 2025.