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November 29, 2021

Arenal Complex Conventional Gas Field, Chile

By Carmen

Arenal Complex is a producing conventional gas field located onshore Chile and is operated by Empresa Nacional del Petroleo. The field is located in block Arenal.

Field participation details

The field is owned by Empresa Nacional del Petroleo.


Production from Arenal Complex

The Arenal Complex conventional gas field recovered 38.13% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 81 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2073. The field currently accounts for approximately 53% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 65.3 Mmboe, comprised of 391.79 bcf of natural gas reserves. Arenal Complex conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.


About Empresa Nacional del Petroleo

Empresa Nacional del Petroleo (ENAP) is a state-owned integrated oil and gas company. It carries out exploration, development and production of hydrocarbons. The company has major upstream operations in Magallanes region of Chile. ENAP also carries out refining, transportation, storage, and marketing of petroleum-based products. The company operates Aconcagua, Bio Bio and Gregorio refineries, and terminals in Quintero, San Vicente, Easter Island, Cabo Negro and Gregorio in Chile. Its product portfolio includes fuels, liquefied petroleum gas and other oil-based products, including solvents, asphalt, propylene and other petrochemical products. The company also conducts electric power generation and distribution of natural gas. It also has presence in Argentina, Ecuador, and Egypt. ENAP is headquartered in Las Condes, Santiago, Chile.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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