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November 26, 2021

Incahuasi Conventional Gas Field, Bolivia

By Carmen

Incahuasi is a producing conventional gas field located onshore Bolivia and is operated by TotalEnergies. The field is located in block Aquio, Ipati, and Incahuasi.

Field participation details

The field is owned by TotalEnergies, The Techint Group, Gazprom and Yacimientos Petroliferos Fiscales Bolivianos.


Production from Incahuasi

The Incahuasi conventional gas field recovered 30.94% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 6.9 thousand bpd of crude oil and condensate and 302 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2050. The field currently accounts for approximately 20% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 173.04 Mmboe, comprised of 21.04 Mmbbl of crude oil & condensate and 912.02 bcf of natural gas reserves. Incahuasi conventional gas field reserves accounts 0.06% of total remaining reserves of producing conventional gas fields globally.


About TotalEnergies

TotalEnergies SE (Total), formerly Total SE, is an integrated global energy company that discovers, produces, refines and markets oil and gas, and also manufactures petrochemicals. It carries out drilling, oil and gas production, processing, transportation, refining and petrochemical production, storage and distribution of petroleum products and specialty chemicals. It conducts power generation and gas trading and operates in the renewable energy sector. Total supplies feedstock to refineries, charters ships and undertakes trading on various derivative markets. The company serves consumers in transportation, automotive, aerospace, energy, housing and manufacturing industries. It has operations in Asia-Pacific, Africa, Europe and Commonwealth of Independent States, the Middle East, and North and Central America. Total is headquartered in Courbevoie, France.

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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