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Optimizing Exploration and Development in Thrust Belts and Foreland Basins

Occurred Wednesday, 6 June Friday, 8 June 2018, 8:00 a.m.–5:00 p.m.  |  Santa Cruz, Bolivia

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The American Association of Petroleum Geologists (AAPG) and YPFB Corporation invite you to be a part of AAPG’s first ever event in Bolivia.

Optimizing Exploration and Development in Thrust Belts and Foreland Basins, a geosciences technology workshop hosted by the AAPG Latin America and Caribbean Region, convenes technical experts and industry leaders from Bolivia and throughout the Americas for a multidisciplinary look at best practices and future opportunities for exploration and development in Bolivia and throughout the region.

Hydrocarbons were first discovered in Bolivia in the late 19th century. Exploration and production began to peak at the end of 1960s and later faltered due to a lack of investment.

More recently, activity has resumed thanks to the Bolivian government’s measures to encourage exploration by offering permits and partnerships.

Important discoveries in the southern section of Bolivia have expanded tremendously the country’s potential reserves of natural gas, currently estimated at 10.45 TCF (certified proved gas reserves, GLJ Petroleum Consultants, 2013). Such discoveries have benefited from new geological and geophysical studies, including extensive seismic surveys.

Bolivia took a new step with the industrialization of hydrocarbons. Two important plants, namely the Liquid Separation Plant (2015) and the Urea and Ammonia Plant (2017), are operating.

New play concepts are being developed by YPFB in conjunction with Beicip-Franlab, focusing mainly in deeper Devonian reservoirs, stratigraphic traps and unconventional targets.

In addition, almost 60 TCF of gas and 5.000 MMbbls of oil are considered as YTF resources (yet to find) scattered not only in the traditional producing areas but in the under explored basins of Madre de Dios, Beni plain and Altiplano.

The southern provinces of Tarija, Chuquisaca, and Santa Cruz are receiving the most attention. The impact on Bolivia’s economy likely will be significant, given existing pipelines and the country’s proximity to large markets in Argentina and Brazil.

Key to developing the fields and their extensions is an understanding of reservoir connectivity, as well as improved knowledge of the rocks themselves, the structure, and the geochemistry.

The GTW in Santa Cruz provides participants the opportunity to learn more about the country’s hydrocarbon potential, to interact with key players working in Bolivia and to be a part of an exciting future.







Optimizing Exploration and Development in Thrust Belts and Foreland Basins
Los Tajibos Hotel and Convention Center
Avenida San Martín No. 455
Santa CruzSanta Cruz
+591 3 3421000

GTW Bolivia will be held at the Conquistador Convention Center at Hotel Los Tajibos, located in the Equipetrol district of Santa Cruz de la Sierra.

One of the city’s nicest hotels, Los Tajibos has plenty of green spaces, three restaurants and an executive club for business travelers.

The hotel has a limited number of rooms available at a special rate for AAPG workshop participants.

Discount Rates

The following discounted rates* are available for AAPG workshop participants who book prior to 12 May:

  • Pool view – $123
  • Club executive – $131

Rates do not include sales tax (13%).

Room rates include access to the following:

  • Buffet Breakfast
  • Complimentary Parking
  • Wi-Fi
  • Use of the sauna, gym and pool
  • Access to the executive lounge (Club Executive and Junior Suite rooms only)

Early check-in and late-check out is available for $US 50.

To receive a discounted rate, email a reservation request to [email protected] or call +5913.342.1000 x5074 and mention AAPG.

About Santa Cruz de la Sierra

GTW Bolivia will take place in Santa Cruz de la Sierra, current business center of the country's hydrocarbon industry.

Located in the Eastern part of the country, Santa Cruz de la Sierra is Bolivia's fastest growing city and the nation's business, financial, and agricultural capital.

In contrast to La Paz and the other major Bolivian cities located high in the Andes, Santa Cruz lies at an altitude of 416 meters and has a tropical climate most of the year.

Winter runs from June to August. Average temperatures in the first week of June range from 17°C (63° F) to 23°C (74°F)

International flights to Bolivia land at the Viru Viru International Airport, located around 15km (30 min) from the city's energy sector located in the Northwest part of Santa Cruz, cuarto anillo (fourth ring). A taxi from the airport to the fourth ring costs approximately $10US.

The Bolivian currency is the boliviano. The current exchange rate is $6.9 bolivianos/$US 1. Most restaurants and hotels accept credit cards, but taxi drivers require cash. Exchange houses are available in the airport, any bank, and close to the main city square.

Important Visa information

Note that US citizens need a visa to enter Bolivia. A tourist visa costs $160 and lasts for 10 years.

See the Bolivian Consulate General website for instructions for US citizens and for a list of countries whose citizens require a visa to enter Bolivia.

For specific requirements, please contact the Bolivia consulate in your country of residence.

Emily Smith Llinás AAPG Latin America & Caribbean Region Director
Mayra Vargas Events Coordinator, AAPG Latin America & Caribbean Region
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With Support From

SPE Bolivia
Colegio de Geologos

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The American Association of Petroleum Geologists (AAPG) does not endorse or recommend any products and services that may be cited, used or discussed in AAPG publications or in presentations at events associated with AAPG.