Papers - - Production - Foreign - Oil and Gas Development in the Argentine Republic

At present there are three fields in commercial exploitation in the Argentine. In order of production they are: (1) Comodoro Rivadavia, (2) Salta, (3) Plaza Huincul. Comodoro Rivadavia.—This field is on the coast of the Territory of Chubut in the southern part of the republic. It is being developed and exploited by Yacimientos Petroliferos Fiscales, the government oil entity, and five private companies. The immediate coastal portion of the field, which embraces the original discovery area, is almost completely developed. This is especially true of the original government reserve and one private property. The Y.P.F. has extended its explorations and developments westward to Escalante, 27 km. distant on the state railway. This extension has been the most active and prolific section of the field for the past three years. The government has also continued its exploration drilling in the region lying south of Colonia Sarmiento and east of the Rio Senguer. Private companies have not been able to extend their operations beyond the claims they had in process of acquisition in 1924, when the government reserve areas were established. The Y.P.F. is the major producer of the field and employs modern methods and appliances. Practically all its drilling and pumping operations are electrically operated, from a central power plant. In view of t'he scarcity of water supplies, this facilitates operations and is an economic factor of considerable importance.