Abstract
The review for 1978 presents information on petroleum developments in 30 countries from South America, Central America, and the Caribbean area. Hydrocarbons were produced in 12 of these countries, for a total reported production of 1,292,427,218 bbl of oil. Statistics on gas production were not available for all countries so total gas production could not be determined. Argentina, Trinidad, Peru, Ecuador, and Barbados had increases in production. A summary on Mexico is included but, in the future, Mexico will be reported under “North American Drilling Activities.”
Major increases in development drilling were experienced in Barbados, Brazil, Colombia, Trinidad, Ecuador, and Peru. Chile and Venezuela had slight decreases.
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