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Bolivia hydrocarbons watch: New reserves call

Bnamericas Published: Friday, March 13, 2020
Bolivia hydrocarbons watch: New reserves call

Bolivia’s state hydrocarbons company YPFB has issued a second call to quantify and certify reserves of natural gas and hydrocarbon liquids through December 31, 2019.

The original process was declared void after none of the bidders fulfilled hiring requirements.

Offers under the new tender are due March 30 with a decision expected in April, according to procurement information, available here.

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The hydrocarbons ministry, YPFB, the Tarija department government and Tarija natural gas distributor Ematagas signed an agreement (pictured) to strengthen the latter’s operations.

YPFB will help Ematagas draft an expansion plan and evaluate the feasibility of proposed projects, one of which totals 240mn bolivianos (US$35mn).

Also Read Bolivia looks to connect 100k homes to gas network

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And hydrocarbons minister Victor Hugo Zamora announced that the Jaguar X6 exploration well at the Huacareta block in Tarija is "showing interesting signs of success," state news agency ABI quoted the official as saying.

The well - which Shell spud in May 2018 - has passed 5,000m and is expected to go beyond 6,000m, he said.

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