View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
December 2, 2021updated 27 Apr 2022 12:22pm

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, Shell, YPF, China National Offshore Oil, Bridas Energy Holdings, Vista Oil & Gas SAB de CV and WPX Energy.


Production from Macueta (Acambuco)

The Macueta (Acambuco) conventional gas field recovered 81.92% 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 2039. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 22.94 Mmboe, comprised of 2.11 Mmbbl of crude oil & condensate, 121.49 bcf of natural gas reserves and 0.59 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology