Report summaryBlock Z-1 is located offshore in the Tumbes basin in northwest Peru. Five discoveries were made on the block in the 1970s and 1980s. Although some oil was extracted, the area remained largely undeveloped due to a lack of market. Since assuming operatorship in 2005, BPZ Energy undertook a successful drilling campaign that proved up sufficient reserves to restart development.There are undeveloped nonassociated gas reserves on the block. BPZ had planned a gas-to-power project at Caleta Cruz ...
This report includes 2 file(s)
- Block Z-1 PDF - 637.74 KB 17 Pages, 16 Tables, 8 Figures
- Block Z-1 XLS - 656.50 KB