Cruz De Lorena is a producing unconventional oil field located onshore Argentina and is operated by Shell Argentina. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Cruz De Lorena. Buy the profile here.
An expansion project is associated with the Cruz De Lorena, namely the Cruz De Lorena Full Field Development . This project is currently in the feasibility stage, expected to start in 2025.
Field participation details
The field is owned by Gas y Petroleo del Neuquen and Shell.
Production from Cruz De Lorena
The Cruz De Lorena unconventional oil field recovered 13.55% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 17.47 thousand bpd of crude oil and condensate and 10.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 83.04 Mmboe, comprised of 76.02 Mmbbl of crude oil & condensate and 42.14 bcf of natural gas reserves. Cruz De Lorena unconventional oil field reserves accounts 0.07% of total remaining reserves of producing unconventional oil fields globally.
Contractors involved in the Cruz De Lorena unconventional oil field
Some of the key contractors involved in the Cruz De Lorena project as follows.
Other Contractors: Ingenieria Sima and Hytech Plant Design USA
For more details on the Cruz De Lorena Unconventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
