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  • BPZ spuds Peru offshore well

    10/1/13
    Houston-based BPZ Energy (NSYSE: BPZ) spud the A-18D development well on the Albacora field platform located in Peru's offshore Z-1 block. Drilling and completion is expected to take up to 12 weeks and is targeting a total subsea...

  • Cepsa secures Peru exploration green light

    9/25/13
    Peruvian authorities have approved an exploration project planned by Cepsa in the Ucayali region, BNamericas has learned. The US$35mn, 36-month campaign includes five exploration and four confirmation wells on block 114 in Iparía...

  • Bolivia inks E&P contracts

    9/5/13
    Bolivia's state hydrocarbons company YPFB inked 40-year E&P service contracts for reserved areas Azero, Cedro and Huacareta after legislative approval, announced the hydrocarbons and energy ministry. GP Exploración y Explotación...

  • Eni, PDVSA form Venezuela gas JV

    8/29/13
    Italian oil major Eni's (NYSE: ENI) CEO Paolo Scaroni and Venezuela state energy company PDVSA's president Rafael Ramírez agreed to form a JV targeting the Perla mega offshore gas field in Venezuela, an Eni press release said. ...

  • Peru development drilling dips

    8/16/13
    Peru July production of oil, natural gas and NGLs averaged 62,200b/d, 1.15Bf3/d (32.5Mm3/d) and 102,400b/d, according to state hydrocarbons promotion agency Perupetro. In the year-ago month, output of oil, natural gas and NGLs...

  • Gazprom, Total ink Bolivia E&P deal

    8/1/13
    Bolivia's state hydrocarbons company YPFB signed an E&P services contract with Gazprom and Total (NYSE: TOT) for block Azero. The international majors will invest US$130mn during the exploration phase on magnetotelluric and...

  • Belize crude output continues dip

    7/23/13
    Belize saw first half crude production drop 23.2% to 419,189b from 1H12, BNamericas has learned. Output in the first six months 2011 totaled 725,546b and 776,920b in January-June 2010, according to information in a presentation by...

  • BPZ spuds offshore Peru well

    7/23/13
    Houston-based BPZ Energy (NYSE: BPZ) spud its first development well at the Corvina field CX-15 offshore platform on block Z-1 in Peru, the firm said in a press release. Drilling and completion of the CX15-1D well is expected to...