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6 FAQs about [Argentina Linying water well drilling rig]
Will Argentine drill a deepwater well in the can-100 block?
An announcement made by the Argentine government in early July 2023 has focused attention on offshore activities. Equinor and partners have been granted permission to drill the country's first offshore ultra-deepwater well, Argerich-1, in the Argentina Basin's CAN-100 block.
What is the significance of drilling a deep water well in Argentina?
The drilling of this first well in deep water is a milestone in the exploration history offshore Argentina. The well together with the seismic acquisition campaigns in the Argentine North Basin and the Austral Basin and West Malvinas, represent a major exploration campaign achievement offshore.
Can Equinor drill a deepwater well in Argentina?
Equinor and partners have been granted permission to drill the country's first offshore ultra-deepwater well, Argerich-1, in the Argentina Basin's CAN-100 block. Most of the country's hydrocarbon exploration is concentrated onshore (with both conventional and unconventional plays), and in shallow shelf waters of the Austral and Malvinas basins.
Is Argentina's first ultra-deepwater exploration well dry?
In a significant development for Argentina's energy sector, the country's first ultra-deepwater exploration well, Argerich-1, has been declared dry.
Did Argentine oil find a trace of oil in argerikch well?
The Argentine government authorized the sale of three offshore blocks from the Austral basin, a day after Norway's Equinor and Shell Oil said they had not found a trace of oil in the well Argerikch drilled offshore Argentine province of Buenos Aires.
Did YPF & Equinor drill into Argentina's offshore hydrocarbon potential?
The Argerich-1 well, a collaboration between Equinor, state-controlled YPF (35%), and Shell (30%), aimed to tap into Argentina's offshore hydrocarbon potential. Despite extensive drilling efforts, Equinor confirmed that no clear signs of hydrocarbons were detected.