Deputy Director Reyes: “Drilling of the Mayaia well has stopped; there will be no gas, or it will be full of water”

According to information available to representatives of the citizen community, Alejandro Reyesdrilling work carried out in the well Mayaya Centro X1 (La Paz North) was suspended.

The reason? According to Reyes, it’s because Low air pressure, “This shows that it is all a show and the gas so advertised does not exist in the area. Another reason could be that the well is full of water.Reyes said.

In light of this situation, Reyes asked the person in charge The Minister of Deposits and Hydrocarbons explains what happened and detailing “how much Bolivian resources have been spent.”

president Luis Arce The Mayaya X1 well, north of La Paz, was inspected this Tuesday to verify the work in the reserve, where 1.7 TCF of natural gas were found, with the discovery of a new hydrocarbon basin.

During the inspection, Arce asked the board of directors of Bolivian Financial Oil Company (YPFB) to Approval to drill three more wells in the area “as soon as possible” and speed up gas production because “the people need foreign exchange.”

“Instructed the (YPFB) Chairman to continue drilling three more wells here, which will Guaranteed production“We have to speed it up because we are racing against time, because the people need it and because it means more foreign exchange for the country,” Arce said.