About This Item

Share This Item

The AAPG/Datapages Combined Publications Database

AAPG Bulletin

Abstract


Volume: 44 (1960)

Issue: 7. (July)

First Page: 1014

Last Page: 1057

Title: Petroleum Developments in South America and Caribbean Area in 1959

Author(s): E. W. Clark (2)

Abstract:

Exploration and production activities in 1959 were stimulated in Argentina and Brazil, in a politically inspired effort to achieve self-sufficiency in petroleum, but were depressed in Venezuela, which sells the bulk of its production in competition with other major producing areas of the world.

In South America as a whole, crude oil production in 1959 was 3,244,900 b/d, only fractionally higher than in 1957. There were appreciable increases, as compared with 1957, in Argentina, Brazil, Colombia and Trinidad, totalling 113,100 b/d, this was offset by a decrease of 69,000 b/d in Venezuelan production.

Exploration activities were maintained at a high level in Brazil, Argentina, Bolivia, and Colombia but decreased considerably in Venezuela, where large concession areas were voluntarily surrendered.

Pay-Per-View Purchase Options

The article is available through a document delivery service. Explain these Purchase Options.

Watermarked PDF Document: $14
Open PDF Document: $24

AAPG Member?

Please login with your Member username and password.

Members of AAPG receive access to the full AAPG Bulletin Archives as part of their membership. For more information, contact the AAPG Membership Department at [email protected].