Chevron To Drill 120 Wells In Argentina In Next 3 Years

Law360, New York (August 24, 2012, 6:35 PM EDT) -- California-based Chevron Corp. plans to drill 120 new oil and gas wells at its Neuquen Basin holdings in Argentina over the next three years, a development that reportedly could cost $1.8 billion, a Chevron executive said in a presentation Thursday.

The energy production plan includes drilling three exploratory wells at its El Trapial-Curamched site, Chevron's largest field in Argentina, by the end of 2012. It was announced by Ali Moshiri, head of Chevron's exploration and production business in Africa and Latin America, at the annual Latin...
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