Trio: PDVSA successfully drills wells in Ecuador
PDVSA success with trio wells in Ecuador
PDVSA has drilled the Guanta-18, Guanta-19, and Lago-40 wells in a region northeast of Quito, in Ecuador’s Amazonian region.
The results will net Ecuador an additional 1529 barrels of crude a day to its production, PDVSA said in a statement.
The wells, drilled jointly by PDVSA and Petroecuador, will produce crudes of 27 and 26 API quality.
On 22 July, a second drill sent by PDVSA to Ecuador will begin operations to open seven wells over the next several months, said Dow Jones Newswires.
Venezuelan President Hugo Chavez has vowed to join forces with his counterpart, Rafael Correa, to help Ecuador further develop its energy industry.
Both countries have joined forces on a plan to build a 300,000-barrel-a-day refining complex on Ecuador's Pacific coast.