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[BUSINESS] · Bolivia · 7 sources

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Bolivia: President Paz inaugurates Junín-9D gas well drilling

President Rodrigo Paz has inaugurated the drilling of the Junín-9D well in the Sara province of the Santa Cruz department. The project is being executed by YPFB Chaco.

The new well is expected to reach an initial production of 8 million cubic feet per day, which would represent an approximately 10% increase over YPFB Chaco’s current production levels. Additionally, the project estimates the recovery of around 10 trillion cubic feet of gas reserves.

The operation involves an investment of approximately $6.4 million and has obtained the necessary environmental and hazardous substance activity licenses. During the event, Paz emphasized the necessity of continuous investment in the gas industry to ensure energy sovereignty.

Entities

Junín-9D · Rodrigo Paz · Santa Cruz · YPFB Chaco