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The rise of this type of equipment entails greater movement and has a favorable impact on the activity, maintaining prospects for growth in total crude production in the province.
COMODORO RIVADAVIA (ADNSUR) - The recent agreement by which the Tecpetrol operator, belonging to the Techint group, will incorporate a second drilling equipment to exploit the areas whose concession was extended by Chubut in August 2013, implies a positive development in several aspects, linked mainly to production and the possibility of exploring new resources in an area of ??high maturity. Here three fundamental aspects to enhance the implementation.
1) Tecpetrol production in Chubut fell sharply in recent years, after the high maturity of the El Tordillo area, in combination with other factors that strongly redirected the activity of the Techint group company towards Vaca Muerta, in the province of Neuquén There, the company has become one of the main gas producers in the country.
In Chubut, the production of the operator was in the first half of this year a total of 248,257 cubic meters of oil, which means a decrease of 47% in relation to the first half of 2013, prior to the extension of the concession, according to data from the Ministry of Energy of the Nation.
2) Since they are highly mature areas, with a formation water production that exceeds 90%, to extract more oil, it is necessary to increase and sustain the drilling rate, so doubling the drilling effort can positively impact the oil recovery. Also interesting is the perspective of exploring the D-129 formation, which contains resources of shale gas and oil, which must be properly explored to know the specific possibilities of recovery.
3) Regarding the labor impact, the Petrolero Chubut union indicated weeks ago that the greatest result of this new team will be the normalization of the 12-hour diagrams for workers who had been working in 8 hours. However, in itself the rise of this type of equipment entails greater movement and has a favorable impact on the activity, maintaining growth prospects in the total production of crude oil in the province, which accumulates around 3% in relation to the activity of the last year. |
