Canadon Alfa-Ara-Ara Sur-Antares-Argo is a producing conventional gas field located in shallow water in Argentina and is operated by Total Austral. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Cuenca Marina Austral 1, with water depth of 233 feet. Buy the profile here.
Field participation details
The field is owned by BASF, BP, Bridas Energy Holdings, China National Offshore Oil, LetterOne Holdings and TotalEnergies.
Production from Canadon Alfa-Ara-Ara Sur-Antares-Argo
The Canadon Alfa-Ara-Ara Sur-Antares-Argo conventional gas field recovered 83.27% of its total recoverable reserves, with peak production in 2003. The peak production was approximately 8.21 thousand bpd of crude oil and condensate, 296.00 Mmcfd of natural gas and 2.68 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 63.63 Mmboe, comprised of 2.50 Mmbbl of crude oil & condensate, 337.99 bcf of natural gas reserves and 4.80 Mmbbl of natural gas liquid reserves. Canadon Alfa-Ara-Ara Sur-Antares-Argo conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.
For more details on the Canadon Alfa-Ara-Ara Sur-Antares-Argo Conventional Gas Field, buy the profile here.