Estancia Vieja Phase 2 is a producing conventional gas field located onshore Argentina and is operated by President Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Puesto Flores – Estancia Vieja. Buy the profile here.
Field participation details
The field is owned by Molecular Energies.
Production from Estancia Vieja Phase 2
The Estancia Vieja Phase 2 conventional gas field recovered 22.11% of its total recoverable reserves, with peak production in 2022. The peak production was approximately 0.11 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 2053.
Remaining recoverable reserves
The field is expected to recover 2.22 Mmboe, comprised of 0.19 Mmbbl of crude oil & condensate and 12.15 bcf of natural gas reserves.
About President Petroleum
President Petroleum SA (President Petroleum) is an oil and gas company that produce high production. The company is headquartered in Buenos Aires, Buenos Aires, Argentina.
For more details on the Estancia Vieja Phase 2 Conventional Gas 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.
