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April 28, 2022

Hidra-Ara Sur-Kaus-Argo-Canadon Alfa-Antares-Orion-Orion Norte-Spica-Carina-Aries-Vega Pleyade-Fenix Conventional Gas Field, Argentina

By Carmen

Hidra-Ara Sur-Kaus-Argo-Canadon Alfa-Antares-Orion-Orion Norte-Spica-Carina-Aries-Vega Pleyade-Fenix is a conventional gas development located in shallow water in Argentina and is operated by Total Austral. Discovered in 1982, Hidra-Ara Sur-Kaus-Argo-Canadon Alfa-Antares-Orion-Orion Norte-Spica-Carina-Aries-Vega Pleyade-Fenix lies in block Cuenca Marina Austral 1, with water depth of around 233 feet.

The project is currently in feed stage and is expected to start commercial production in 2023.

Field participation details

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


Production from Hidra-Ara Sur-Kaus-Argo-Canadon Alfa-Antares-Orion-Orion Norte-Spica-Carina-Aries-Vega Pleyade-Fenix

Production from the Hidra-Ara Sur-Kaus-Argo-Canadon Alfa-Antares-Orion-Orion Norte-Spica-Carina-Aries-Vega Pleyade-Fenix conventional gas development project is expected to begin in 2023 and is forecast to peak in 2025, to approximately 29,939 bpd of crude oil and condensate and 54 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2057.


Remaining recoverable reserves

The field is expected to recover 180.79 Mmboe, comprised of 133.94 Mmbbl of crude oil & condensate and 281.09 bcf of natural gas reserves.


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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