According to local reports in early-2020, state company ENAP has completed the Luche ZG 1 new-field wildcat (NFW) wells on its 100%-held Arenal block with tight gas from the Zona Glauconitica Formation in December 2019. A total of eight wells were spudded between August and November 2019 using a drilling pad to reach their total depths (TD) between 2,370 m (7,776 ft) and 2,566 m (8,419 ft) by December 2019.   Arenal block covers 1,331 sq km of land in Magallanes Basin.  Background Information  ENAPâs Arenal block has been the best producer of unconventional gas in Chile the past several years with tight gas from the Zona Glauconitica Formation.
Chile (Austral B.) ? op. by ENAP (100.0%, ENAP 100.0%) in Arenal block