Carina-Fenix-Orion-Orion Norte-Orion Oeste 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 Carina-Fenix-Orion-Orion Norte-Orion Oeste
The Carina-Fenix-Orion-Orion Norte-Orion Oeste conventional gas field recovered 47.71% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 1.94 thousand bpd of crude oil and condensate, 339.00 Mmcfd of natural gas and 0.81 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2055. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 262.51 Mmboe, comprised of 9.58 Mmbbl of crude oil & condensate, 1,501.46 bcf of natural gas reserves and 2.69 Mmbbl of natural gas liquid reserves. Carina-Fenix-Orion-Orion Norte-Orion Oeste conventional gas field reserves accounts 0.09% of total remaining reserves of producing conventional gas fields globally.
For more details on the Carina-Fenix-Orion-Orion Norte-Orion Oeste Conventional Gas Field, buy the profile here.