Login
  Search
 Exploration    
   
  
 Santa Elena - Ecuador    

This block of 296,500 acres has been developed in only part of its onshore sector, with about 2,900 mainly shallow wells. Roughly 2/3 of the onshore sector is still undeveloped, since further exploration was suspended after gas was encountered.

Virtually all of the shallow offshore part over 40% of the whole block awaits exploration, since no marine geophysical surveying has been done, and the only drilling to date was three low-angle directional wells from the beach. Two of the wells found oil in Paleogene sandstones; one of these was abandoned for mechanical problems, but the other produced for several months. BPZ considers that the unexplored areas, both onshore and offshore, have highly attractive potential.

   
  
 Copyright 2012 BPZ Energy  | Terms Of Use | Privacy Statement 
DotNetNuke® is copyright 2002-2013 by DotNetNuke Corporation