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Montevideo, March 29th 2024 - 10:57 UTC

Tag: Silurian Santa Rosa

  • Wednesday, December 31st 2014 - 05:18 UTC

    Blackout for Paraguay's hydrocarbons hopes in Chaco drillings

    Hydrocarbon flow testing has been hampered by mechanical failures due to poor hole conditions said chairman Peter Levine

    President Energy slumped by as much as a third on Monday following an update on testing of the Silurian Santa Rosa and Devonian Icla reservoirs in the Lapacho well in Paraguay's Chaco. A test of Santa Rosa was cut short, although management reckons that it can be commercialized, and a test of Icla recovered only gas and no oil.