Production - Foreign - Developments in the Petroleum Industry in the Argentine

Probably the outstanding feature of the oil industry in the Argentine, during the past year, was the increase in production from the Comodoro Rivadavia field. This increase was accounted for by the discovery of a deeper producing horizon in the old coastal field (zone A). The oil, derived from the deeper sands, served not only to balance the natural decline of the upper sands and increase the yield from the area, but also provided a product of comparatively superior quality. The finding of this ney- production in the old field had a special economic significance because of the pumps, tanks and pipe lines already installed to take care of it. The deep horizon is looked upon as a life