Press Esc to close



For full content view: Log in Now!

  • World of Oil

    Kurt S. Abraham

    Chilean government officials launched an international tender for exploration and exploitation in the Magallanes region, at the southern tip of South America. The tender is for 10 on- and offshore blocks that cover 32,356 sq km. Mining Minister Karen Poniachik estimated that at least $200 million would be invested for exploration of these blocks. Chile is forced to import 98% of the oil and 75% of the gas that it consumes, due to low domestic output. Cambodian outlook vague Prime Minister Hun Sen said that Cambodia’s petroleum prospects are uncertain, reversing his earlier comments that the country could begin tapping oil reserves by 2010. “Oil under the sea is still a dream. It is better to think of how to keep the current economy growing,” said Sen, in a broadcast speech. Chevron had said two years ago that it struck oil in four of five test wells drilled off Cambodia’s southern coast.

This area of the site is restricted. In order to gain access, please either Log In, or subscribe to World Oil.

Two options are available to you for creating an account.

1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.

Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.

Free Trial

2. Purchase a subscription to World Oil magazine and gain immediate and complete access to World Oil Online. As a Total Access subscriber you will have access to all areas of the site available to registered users and free subscribers as well as having access to such premium content areas as:

  • The Archives section containing over ten years of complete magazine archives,
  • The WO DataHub's engineering tables and directories,
  • The World Oil annual forecasts, including past predictions,
  • Select World Oil technical handbooks,
  • And much, much more!


Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.

If you are already a paid subscriber and do not have access, please email



Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.


2013 Fracturing Technology

2013 Fracturing Technology