Steve De Vito (Spectrum Geo) discusses the potential of the Deepwater area in offshore Northern Argentina. This information was presented at AAPG ACE 2019 in San Antonio, Texas.
Offshore northern Argentina has attracted very little oil and gas industry interest over the years. A lack of success in exploration campaigns in the late 1960’s and again in the mid 1990’s can now be attributed in large part to a limited understanding of rift basins and rifted volcanic margins and to inadequate technology at the time. Recent billion-barrel discoveries in analogous basins elsewhere on the Atlantic margin utilizing state-of-the-art seismic and drilling technology with latest geological concepts on source rock and reservoir development point to this underexplored region as one of the last frontiers for both shallow and deepwater oil and gas exploration.
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Deepwater Northern Argentina- A New Frontier