South America natural gas production decreased by 1.5% in 2022 compared with 2021. The largest gas-producing countries are Argentina, Peru, and Bolivia. Through 2030, South America gas production is forecasted to decrease by a CAGR of 7.37%. GlobalData uses proprietary data and analytics to provide a complete picture of the global oil and gas fields segment. Buy the latest oil & gas fields profiles here.

In 2022, Argentina had the highest natural gas production, followed by Peru and Bolivia. Here are the 10 largest natural gas-producing fields by production in South America in 2022, according to GlobalData’s Upstream Fields database.

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1. San Martin-Cashiriari Complex

San Martin-Cashiriari Complex is located in Madre de Dios, Peru. This natural gas field is owned by Hunt Consolidated, Pluspetrol Resources Corp, Repsol, SK Innovation, Sonatrach, The Techint Group, and operated by Pluspetrol Camisea. The field produced 785.15mmcfd in 2022 and recovered 48.01% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2052. Buy the profile here.

2. Fortin De Piedra

Fortin De Piedra is located in Neuquen Province, Argentina. This natural gas field is owned by The Techint Group and operated by Tecpetrol. The field produced 540.22mmcfd in 2022 and recovered 20.67% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2050. Buy the profile here.

3. Margarita-Huacaya Complex

Margarita-Huacaya Complex is located in Santa Cruz, Bolivia. This natural gas field is owned by BP, Bridas Energy Holdings, China National Offshore Oil, Repsol, Shell, and operated by Repsol E&P Bolivia. The field produced 523.94mmcfd in 2022 and recovered 28.98% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2095.

4. Carina-Fenix-Orion-Orion Norte-Orion Oeste

Carina-Fenix-Orion-Orion Norte-Orion Oeste is located in Estado Nacional, Argentina. This natural gas field is owned by BASF, BP, Bridas Energy Holdings, China National Offshore Oil, LetterOne Holdings, TotalEnergies, and operated by Total Austral. The field produced 329.39mmcfd in 2022 and recovered 10.58% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2050. Buy the profile here.

5. Mipaya-Pagoreni Complex

Mipaya-Pagoreni Complex is located in Madre de Dios, Peru. This natural gas field is owned by Hunt Consolidated, Pluspetrol Resources, Repsol, SK Innovation Co, Sonatrach, The Techint Group, and operated by Pluspetrol Lote 56. The field produced 328.65mmcfd in 2022 and recovered 46.48% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2062. Buy the profile here.

6. Perla

Perla is located in Zulia, Venezuela. This natural gas field is owned by Eni, and Repsol, and is operated by Cardon IV. The field produced 262.61mmcfd in 2022 and recovered 83.36% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2029.

7. El Mangrullo

El Mangrullo is located in Neuquen Province, Argentina. This natural gas field is owned by Pampa Energia and operated by Pampa Energia. The field produced 252.02mmcfd in 2022 and recovered 18.84% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2070. Buy the profile here.

8. Incahuasi

Incahuasi is located in Chuquisaca, Bolivia. This natural gas field is owned by Gazprom, The Techint Group, TotalEnergies, Yacimientos Petroliferos Fiscales Bolivianos, and operated by TotalEnergies. The field produced 235.93mmcfd in 2022 and recovered 69.2% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2050.

9. Rincon Del Mangrullo

Rincon Del Mangrullo is located in Neuquen Province, Argentina. This natural gas field is owned by YPF and operated by YPF. The field produced 228.49mmcfd in 2022 and recovered 38.21% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2055. Buy the profile here.

10. Aguada Pichana Este Vaca Muerta

Aguada Pichana Este Vaca Muerta is located in Neuquen Province, Argentina. This natural gas field is owned by BASF, BP, Bridas Energy Holdings, China National Offshore Oil, LetterOne Holdings, TotalEnergies, YPF, and operated by Total Austral. The field produced 206.9mmcfd in 2022 and recovered 56.71% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2054. Buy the profile here.

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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.