[REVISION HISTORY]
YPFB hydrocarbon exploration and fuel crisis management
Updated 7 times since CLSTR started tracking revisions of this situation.
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2026-10-12 18:59 UTC → 2026-10-20 23:53 UTC ·
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Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) has undertaken various operational initiatives involving continues its hydrocarbon exploration and fuel management efforts in Bolivia. In the Subandino Norte region, YPFB and its subsidiary YPFB Andina S.A. have conducted surface geological survey campaigns in the Lliquimuni and El Pelado areas to evaluate hydrocarbon potential enhance stratigraphic knowledge and identify access routes for future drilling. Expanding these exploration efforts, Additionally, YPFB Chaco has initiated is progressing with the exploration of unconventional reservoirs at the Okinawa field in Santa Cruz via the Montecristo-9 well. Utilizing hydraulic stimulation technology to evaluate the Los Monos and Huamampampa formations, stimulation, initial tests yielded condensate with an API gravity near 55. Abel Villegas, general General manager of YPFB Chaco, stated Abel Villegas noted that the field could eventually reach production levels of approximately produce 12,000 barrels of liquids per day and 110 million cubic feet of gas per day. If these projections are met, day, potentially increasing national liquid production could increase by 40% and gas production by 11%. 40%. To fully develop the field, YPFB Chaco projects a $1.6 billion investment to drill for up to 90 wells, seeking to attract private capital through supported by a proposed ‘short law’ designed to streamline high-investment projects. Additionally, YPFB has commenced a $9 million drilling project for the Surubí Noroeste 6 (SRB NO-6) development well in the Surubí-Mamoré area of Cochabamba. attract private capital. To address manage a growing significant fuel crisis, crisis involving diesel shortages and systemic control failures, YPFB has implemented measures a new online monitoring system to combat supply shortages and illegal resale. Following track fuel distribution in real time. This follows reports that 22 million liters of empty stations in Santa Cruz, La Paz, and Cochabamba, fuel were diverted during a recent intervention. To bolster supply, YPFB announced an plans to increase crude oil refining by 10,000 barrels per day using underperforming refineries in gasoline Cochabamba and diesel distribution across all nine departments. In coordination with Santa Cruz. Furthermore, the National Hydrocarbons Agency (ANH) has authorized YPFB to import and municipal governments, commercialize diesel for one year to ensure nationwide availability. To combat price speculation and smuggling of Liquefied Petroleum Gas (LPG), YPFB is blocking the license plates deploying georeferenced tracking technology for cylinders, following reports of vehicles identified as making repetitive fuel loads vendors charging up to prevent hoarding and Bs 130 for a 10kg cylinder despite the diversion official price of subsidized fuel. Furthermore, YPFB has activated 1,200 security cameras across 98 strategic locations, including service stations, storage plants, and LPG bottling plants. Bs 22.50.
Versions
- 2026-10-20 23:53 UTC YPFB hydrocarbon exploration and fuel crisis management
- 2026-10-12 18:59 UTC YPFB hydrocarbon exploration and fuel crisis management
- 2026-10-06 13:58 UTC YPFB hydrocarbon exploration and fuel crisis management
- 2026-09-26 20:43 UTC YPFB hydrocarbon exploration and fuel crisis management
- 2026-09-16 02:35 UTC YPFB hydrocarbon exploration and fuel crisis management
- 2026-09-13 01:10 UTC YPFB hydrocarbon exploration and fuel crisis management
- 2026-09-10 19:55 UTC YPFB hydrocarbon exploration and fuel crisis management
- 2026-09-09 00:13 UTC YPFB hydrocarbon and fuel management operations
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