Unrest in eastern Bolivia forced state oil and gas company YPFB to delay the early-August start of a new drilling campaign in the Víbora field in Santa Cruz, a company official told BNamericas.
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YPFB "probably" will start installing the rig in the second week of October in time to begin drilling on October 27-28, the official said.
The company will drill well 34 to a final depth of 4,500-5,000m, which could take about 45 days. The next well, 35, would require 55 days work for roughly 4,000-5,000m of drilling.
"It's already been proven in studies there's solid potential for hydrocarbons in the area," the official said.
YPFB will drill with a rig provided by its Venezuelan counterpart PDVSA.
Meanwhile, unrest has delayed the delivery schedule for a second PDVSA rig to the end of 2008 from the first half of October, the official said.
"Once problems are resolved, this rig along with others will be on their way," the official said.
YPFB said in July it would form a service subsidiary to manage the Venezuelan rigs, which could increase to five by the end of 2009.
