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December 2, 2021updated 27 Apr 2022 12:24pm

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.

An expansion project is associated with the Cruz De Lorena, namely Cruz De Lorena Full Field Development . This project is currently in the feasibility stage, expected to start in 2025.

Field participation details

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


Production from Cruz De Lorena

The Cruz De Lorena unconventional oil field recovered 12.42% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 10.81 thousand bpd of crude oil and condensate and 6 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 50.81 Mmboe, comprised of 46.32 Mmbbl of crude oil & condensate and 26.99 bcf of natural gas reserves. Cruz De Lorena unconventional oil field reserves accounts 0.06% 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

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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