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December 2, 2021

Los Perales Conventional Oil Field, Argentina

By Carmen

Los Perales is a producing conventional oil field located onshore Argentina and is operated by YPF. The field is located in block Los Perales – Las Mesetas.

Field participation details

The field is owned by YPF.


Production from Los Perales

The Los Perales conventional oil field recovered 85.26% of its total recoverable reserves, with peak production in 2003. The peak production was approximately 30.63 thousand bpd of crude oil and condensate and 72 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 36.15 Mmboe, comprised of 29.99 Mmbbl of crude oil & condensate and 36.98 bcf of natural gas reserves. Los Perales conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


About YPF

YPF SA (YPF) is an integrated energy company. Its carries out exploration, development and production of natural gas, crude oil, and liquefied petroleum gas (LPG). It also carries power generation through YPF Energia Electrica. The company also conducts refining of oil and petrochemicals, logistics related to the transportation of oil and gas to refineries and distribution of refined and petrochemical products to different sales channels. It markets and distributes products to oil and gas, transport, petro chemicals, mining, aviation, naval, infrastructure and construction industries. YPF operates in Argentina, the Netherlands, Bolivia, Luxemburg, the UK and the US. YPF is headquartered in 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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