Cuban Oil Production On Course
- Submitted by: admin
- Caribbean
- Matanzas
- national
- Business and Economy
- Science and Technology
- Politics and Government
- 03 / 14 / 2009
The Cuban well drilling and repairs enterprise working on 160 active wells along the north coast of the province of Matanzas has a rate of exploitation of more than 98 %, the international average for the crude that is processed is about 95 to 96 percent.
The company, whose office are based in Boca de Camarioca, is involved in the challenge of drilling a 6-km long horizontal well out to sea for the first time without the help of foreign experts or without using a sea platform. This represents important savings of foreign currency to the island.
(RR)
Comments