Faro Virgenes is a producing conventional gas field located onshore Argentina and is operated by Petrofaro. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Faro Virgenes. Buy the profile here.
Field participation details
The field is owned by Empresa Nacional del Petroleo and YPF.
Production from Faro Virgenes
The Faro Virgenes conventional gas field recovered 96.16% of its total recoverable reserves, with peak production in 1999. The peak production was approximately 0.51 thousand bpd of crude oil and condensate, 26.00 Mmcfd of natural gas and 0.16 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029.
Remaining recoverable reserves
The field is expected to recover 0.24 Mmboe, comprised of 0.01 Mmbbl of crude oil & condensate, 1.32 bcf of natural gas reserves and 0.01 Mmbbl of natural gas liquid reserves.
For more details on the Faro Virgenes Conventional Gas Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
