Argentine Basin: the new search for oil in one of the least explored basins on planet Earth
Neil Hodgson, Steve De Vito, Karyna Rodriguez and Mike Saunders
Journal name: First Break
Issue: Vol 35, No 11, November 2017 pp. 97 - 101
Info: Article, PDF ( 547Kb )
A remarkable property of the Argentine Basin, located in the Atlantic west of Argentina, is that within its 450,000 km2 of extent – not one exploration well has been drilled. Compared to the world’s other continental passive margins, this makes it the most unexplored high potential basin on Earth. Partly this is owing to a lack of modern seismic data in this basin, with exploration previously focused on rifts that lie on the continental shelf. Yet also it is unexplored because of the lack of industry access to the area in the last 10-15 years since deep water drilling technologies have become widely available. However, this is all about to change. The Argentine government is opening the area to international exploration investment, at the same time as a new 35,000 km 2D seismic programme is being acquired by Spectrum in 2017 (Figure 1). This survey aims to reveal the fundamentals of multiple oil-prone hydrocarbon systems in the basin, which include Pre-Atlantic rift plays, syn-rift and post rift plays in upper and lower slope settings, in addition to a base of slope/basin floor play that has the potential for ‘super-basin’ resource.