ChevronTexaco (60%) operates Block 2 in partnership with ConocoPhillips (40%). The company, along with PDVSA, was recently awarded by the Venezuelan Ministry of Energy and Mines the exploration license for Plataforma Deltana Block 3, which is on trend with Block 2.
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ChevronTexaco Long-Expected Result
ChevronTexaco Overseas Petroleum announces about new gas discoveries
Venezuelan branch of US oil and gas giant ChevronTexaco announced that its offshore Platforma Deltana Loran 2X exploration well has encountered a significant amount of natural gas.
George Kirkland, the head of ChevronTexaco Overseas Petroleum, said, "The confirmation of the Loran field discovery could go a long way toward developing a commercially viable natural gas resource base in Venezuela, which would align with our strategy to grow an integrated global gas business.?
ChevronTexaco (60%) operates Block 2 in partnership with ConocoPhillips (40%). The company, along with PDVSA, was recently awarded by the Venezuelan Ministry of Energy and Mines the exploration license for Plataforma Deltana Block 3, which is on trend with Block 2.
ChevronTexaco (60%) operates Block 2 in partnership with ConocoPhillips (40%). The company, along with PDVSA, was recently awarded by the Venezuelan Ministry of Energy and Mines the exploration license for Plataforma Deltana Block 3, which is on trend with Block 2.
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