Chachahuen Sur is a producing conventional oil field located onshore Argentina and is operated by YPF. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Chachahuen Sur (Development). Buy the profile here.
An expansion project is associated with the Chachahuen Sur, namely the Chachahuen Sur Tertiary Recovery. This project is currently in the feasibility stage.
Field participation details
The field is owned by Empresa Mendocina de Energia, Mercuria Energy Group, Others and YPF.
Production from Chachahuen Sur
The Chachahuen Sur conventional oil field recovered 45.49% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 10.95 thousand bpd of crude oil and condensate and 5.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2048. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 30.85 Mmboe, comprised of 29.81 Mmbbl of crude oil & condensate and 6.26 bcf of natural gas reserves. Chachahuen Sur conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
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 provides oil and gas from conventional, unconventional and renewable sources such as wind, solar, geothermal and hydropower. 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, agricultural, mining, aviation, naval, infrastructure and construction industries. YPF's supervises exploration and development activities in Argentina, Chile, Colombia and Bolivia. YPF is headquartered in Buenos Aires, Argentina.
For more details on the Chachahuen Sur Conventional Oil Field, buy the profile here.