Is deepwater drilling a good idea in Argentina?

Deepwater drilling for oil and gas is gaining a fresh foothold in Argentina, defying climate warnings and predictions for falling demand. A top European oil company is about to plunge a drill-bit into South Atlantic waters off Argentina that are at least as deep as five Eiffel Towers.

What is Argentina's first deep-water well drilled in 2023?

Argentina will see what is touted as the country’s first deep-water well drilled in 2023. The much-anticipated high-impact Argerich-1 well will be operated by Equinor in Block CAN_100 situated in around 1,500 m of water depth and has a planned total depth of around 4,000 m.

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.

Why should you choose drillar the Argentine drilling company?

The team’s experience allows to DrillAr the Argentine Drilling Company to be familiar with a large number of mining projects, as well as to know all the techniques and services. Our Argentine Drilling Corporation, giving our best to provide a quality service is a top priority.

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.

Which country has drilled the most wells in South America?

In South America’s asset transfer and exploration landscape, Brazil continues to be the most active player. But one of the most exciting wells to be drilled this year is situated in Argentina. 2022 saw the award of around 60 blocks in Brazil, most as a result of the ANP’s 3rd Open Acreage Concession Bid Round.