Apache Corporation said today that it has been awarded rights to explore the Lenga and Rusfin blocks on the island of Tierra del Fuego in the Chilean government’s Magallanes Basin bid round.
Located along Chile’s border with Argentina, the two blocks add 1 million acres adjacent to Apache’s 714,000 acres and extensive exploration and production operations on the Argentinean side of the island. Current net production from the Argentina blocks is 4,200 barrels of liquid hydrocarbons and 113 million cubic feet of gas per day.