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December 2, 2021updated 27 Apr 2022 12:49pm

Canadon De La Escondida Conventional Oil Field, Argentina

By Carmen

Canadon De La Escondida is a producing conventional oil field located onshore Argentina and is operated by YPF. The field is located in block Canadon De La Escondida – Las Heras.

Field participation details

The field is owned by YPF.


Production from Canadon De La Escondida

The Canadon De La Escondida conventional oil field recovered 43.22% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 8.31 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049.


Remaining recoverable reserves

The field is expected to recover 19.45 Mmboe, comprised of 19.45 Mmbbl of crude oil & condensate and 0.01 bcf of natural gas reserves.


About YPF

YPF SA (YPF) is an integrated energy company. Its carries out exploration, development and production of natural gas, crude oil, and liquefied petroleum gas (LPG). It also carries power generation through YPF Energia Electrica. The company also conducts refining of oil and petrochemicals, logistics related to the transportation of oil and gas to refineries and distribution of refined and petrochemical products to different sales channels. It markets and distributes products to oil and gas, transport, agricultural, mining, aviation, naval, infrastructure and construction industries. YPF’s supervises exploration and development activities in Argentina, Chile, Colombia and Bolivia. YPF is headquartered in Buenos Aires, Argentina.

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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