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December 2, 2021

Cruz De Lorena Unconventional Oil Field, Argentina

By Carmen

Cruz De Lorena is a producing unconventional oil field located onshore Argentina and is operated by Shell Argentina. The field is located in block Cruz De Lorena.

Two expansion projects are associated with the Cruz De Lorena unconventional oil field, namely Cruz De Lorena Phase I Development and Cruz De Lorena Full Field Development . The expansion projects are currently in the construction and feasibility stage, targeting start-up during 2021 – 2025.

Field participation details

The field is owned by Royal Dutch Shell and Gas y Petroleo del Neuquen.


Production from Cruz De Lorena

The Cruz De Lorena unconventional oil field recovered 9.92% of its total recoverable reserves, with peak production expected in 2022. The peak production will approximately 6.74 thousand bpd of crude oil and condensate and 4 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043.


Remaining recoverable reserves

The field is expected to recover 32.65 Mmboe, comprised of 29.97 Mmbbl of crude oil & condensate and 16.09 bcf of natural gas reserves. Cruz De Lorena unconventional oil field reserves accounts 0.04% of total remaining reserves of producing unconventional oil fields globally.


Contractors involved in the Cruz De Lorena unconventional oil field

Some of the key contractors involved in the Cruz De Lorena project as follows.

Other Contractors: Hytech Plant Design USA and Ingenieria Sima

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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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