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December 2, 2021

Macueta (Acambuco) Conventional Gas Field, Argentina

By Carmen

Macueta (Acambuco) is a producing conventional gas field located onshore Argentina and is operated by Pan American Energy (Sucursal Argentina). The field is located in block Acambuco and Macueta Oeste.

Field participation details

The field is owned by BP, Vista Oil & Gas SAB de CV, WPX Energy, Bridas Energy Holdings, China National Offshore Oil, Royal Dutch Shell and YPF.


Production from Macueta (Acambuco)

The Macueta (Acambuco) conventional gas field recovered 76.98% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 7.03 thousand bpd of crude oil and condensate, 156 Mmcfd of natural gas and 0.09 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 30.02 Mmboe, comprised of 2.7 Mmbbl of crude oil & condensate, 159.36 bcf of natural gas reserves and 0.76 Mmbbl of natural gas liquid reserves. Macueta (Acambuco) conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.


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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