Baker Hughes fractures its first shale well in Argentina
Baker Hughes announced it has completed its first unconventional hydrocarbon shale hydraulic fracturing and stimulation project in Argentina for Repsol YPF in the Neuquén basin.
Recent estimates suggest Latin America could possess up to 98 trillion ft3 (of unconventional gas reserves, the equivalent of 11% of the world's total resources.
The multistage fracturing operation was performed using over 12,000 hydraulic horsepower and a total fluid volume exceeding 7000 m3. Baker Hughes also provided coiled tubing services for the project. The firm was awarded the job based on its capabilities and performance in unconventional hydrocarbon plays.
YPF is currently evaluating the well results to determine the potential for expanding its operations.
Several operators are developing and executing exploration plans in Argentina’s unconventional hydrocarbon plays. Currently, Baker Hughes has the largest available hydraulic fracturing horsepower capability in Argentina and is well positioned with assets, people and technology to support the growing unconventional hydrocarbon activity.
“While the bulk of unconventional shale activity has been in the U.S., interest in shale plays in other parts of the world are beginning to expand and indications are that Argentina will be a promising area for international success,” says Rod Larson, president of Latin American operations for Baker Hughes.
Read the article online at: https://www.worldpipelines.com/business-news/27072011/baker_hughes_fractures_its_first_shale_well_in_argentina/
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