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“Loma” Avila Said that the Well of 7,600 Meters “Is the Last Hope” for Chubut: “if It Goes Well, We Have Oil for 200 More Years”

Summary by Metadata
In the midst of this bleak panorama, with companies in retreat and SMEs at the edge of the break in Comodoro Rivadavia, Ávila placed expectations in the exploratory well that Pan American Energy drills near Río Chico. It is an unconventional project, about the so-called Formation 129, which reaches 7,600 meters deep, with horizontal and diagonal stretches. “If that well goes well, Chubut has oil for 200 more years. If it goes wrong, in five or s…
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In the midst of this bleak panorama, with companies in retreat and SMEs at the edge of the break in Comodoro Rivadavia, Ávila placed expectations in the exploratory well that Pan American Energy drills near Río Chico. It is an unconventional project, about the so-called Formation 129, which reaches 7,600 meters deep, with horizontal and diagonal stretches. “If that well goes well, Chubut has oil for 200 more years. If it goes wrong, in five or s…

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Metadata broke the news in on Tuesday, October 7, 2025.
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