Compania General de Combustibles (CGC) discovered a natural gas deposit in the Santa Cruz province of Argentina. The Morena Sur well tested at an initial rate of 3.5 MMcf/D. The company estimates that the discovery could increase its reserves in the Austral Basin of Patagonia by 40 Bcf to 50 Bcf.
Don't miss out on the latest technology delivered to your email weekly. Sign up for the JPT newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.