President Energy provides Argentina operations update
President Energy, the oil and gas exploration company, has provided an update on its Argentina operations.
President Energy, the oil and gas exploration company, has provided an update on its Argentina operations.
The Salman-1 well will be drilled to 4245 m MD through Kurra Chine target horizon to be followed by further testing of five prospective targets. Rosneft plans to complete drilling in July 2017.
Hydrocarbon production from the ‘Golden Triangle’ – incorporating the deepwater (>500 m water depth) plays of Brazil, the US Gulf of Mexico and West Africa – will peak in 2019 due to the lack of projects sanctioned in recent years.