El Latigo Occidental is a producing conventional oil field located onshore Argentina and is operated by Capex. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Loma Negra. Buy the profile here.
Field participation details
The field is owned by Capex, International Finance, Metro Holding and YPF.
Production from El Latigo Occidental
The El Latigo Occidental conventional oil field recovered 94.88% of its total recoverable reserves, with peak production in 2001. The peak production was approximately 4.72 thousand bpd of crude oil and condensate and 3.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2028.
Remaining recoverable reserves
The field is expected to recover 0.44 Mmboe, comprised of 0.42 Mmbbl of crude oil & condensate and 0.11 bcf of natural gas reserves.
About Capex
Capex SA (Capex) is an electricity generation and distribution company. The company also extracts and distributes propane, gasoline and butane. It explores oil and gas and produces oxygen and hydrocarbon. Company electric power businesses are developed in the province of Neuquén through a combined cycle thermal power plant with an installed capacity of 672 MW. Capex explores oil and gas in the Neuquen, Chubut and Rio Negro fields. It generates electricity from its power plant in the area of Agua del Cajon field. Capex is headquartered in Vicente Lopez, Buenos Aires, Argentina.
For more details on the El Latigo Occidental Conventional 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.
