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December 2, 2021updated 27 Apr 2022 11:54am

Carina-Fenix-Orion-Orion Norte-Orion Oeste Conventional Gas Field, Argentina

By Carmen

Carina-Fenix-Orion-Orion Norte-Orion Oeste is a producing conventional gas field located in shallow water in Argentina and is operated by Total Austral. The field is located in block Cuenca Marina Austral 1, with water depth of 233 feet.

Field participation details

The field is owned by TotalEnergies, BASF, China National Offshore Oil, Bridas Energy Holdings, LetterOne Holdings and BP.


Production from Carina-Fenix-Orion-Orion Norte-Orion Oeste

The Carina-Fenix-Orion-Orion Norte-Orion Oeste conventional gas field recovered 42.98% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 1.49 thousand bpd of crude oil and condensate, 346 Mmcfd of natural gas and 0.99 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058. The field currently accounts for approximately 5% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 290.02 Mmboe, comprised of 4.98 Mmbbl of crude oil & condensate, 1,685.91 bcf of natural gas reserves and 4.05 Mmbbl of natural gas liquid reserves. Carina-Fenix-Orion-Orion Norte-Orion Oeste conventional gas field reserves accounts 0.10% of total remaining reserves of producing conventional gas fields globally.


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.

Related Companies

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