Repsol Bolivia S.A. (Repsol Bolivia)
Get all the information about Repsol Bolivia S.A. (Repsol Bolivia), a company operating mainly in the Oil & Gas sector. Connect with its key contacts, projects, shareholders, related news and more. The company has operations in Bolivia, which include Upstream Company. Write to us at info@bnamericas.com or call us at +56 (2) 29410300 to schedule a demonstration of our platform.
Description:
Spanish oil company Repsol, through its subsidiary Repsol Bolivia, has stakes in 29 blocks in Bolivia's Beni, Pie de Monte, Subandino Sur and Subandino Norte basins. Its main project is the development of the Margaria-Huacaya area, which is operated by Repsol (37.5%) as part of the Caipipendi consortium also comprising UK player BG (37.5%) and Pan American Energy (25%). After 18 years of exploration works with a total of 1,300km2 of seismic data produced and five wells drilled, the field began sustained production in 2004. In 2014 the second production phase at Margarita-Huacaya came online end-September and increased the field's output to 15Mm3/d.
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News in: Oil & Gas (Bolivia)
Double-digit dip in Bolivian hydrocarbons output
The necessary incentives do not exist for companies to invest more in exploration, according to the country's hydrocarbons and energies minister.
Bolivia's fuel supply plan aims to generate US$250mn in savings through 2025
The information was provided by the minister of hydrocarbons and energy in a meeting held in the legislative assembly