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December 2, 2021

El Salitral Unconventional Gas Field, Argentina

By Carmen

El Salitral is a producing unconventional gas field located onshore Argentina and is operated by Capex. The field is located in block Agua Del Cajon.

Field participation details

The field is owned by Capex.


Production from El Salitral

The El Salitral unconventional gas field recovered 83.88% of its total recoverable reserves, with peak production in 2004. The peak production was approximately 0.97 thousand bpd of crude oil and condensate and 99 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 14.58 Mmboe, comprised of 0.8 Mmbbl of crude oil & condensate and 82.68 bcf of natural gas reserves. El Salitral unconventional gas field reserves accounts 0.01% of total remaining reserves of producing unconventional gas fields globally.


About Capex

Capex SA (Capex) is an electricity generation and distribution company. The company also extracts and distributes propane, gasoline and butane. It explores oil and gas and produces oxygen and hydrocarbon. Capex explores oil and gas in the Neuquen, Chubut and Rio Negro fields. It generates electricity from its power plant in the area of Agua del Cajon field. Capex is headquartered in Vicente Lopez, 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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