Villamontes district in Gran Chaco, Chaco Basin, spudded 25 Oct â18, shallow o&g discovery. Reserves pegged at 0.2 Tcfg + 11 MMbbl liquids in the Chorro, Tupambi + Iquiri fmâs. Some 35 MMcfg/d + 5,000 bo/d are thought achievable.
Chaco E. X-1 (Occidental Petroleum 51% op, YPFB 49%) in Block XIX-Chaco-Naranjillos, shallow o&g discovery. Reserves pegged at 0,2 Tcfg + 11 MMbbl liquids in the Chorro, Tupambi + Iquiri fmâs. Some 35 MMcfg/d + 5000 bo/d are thought achievable.