Fortin De Piedra is a producing unconventional gas field located onshore Argentina and is operated by Tecpetrol. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Fortin De Piedra. Buy the profile here.
Field participation details
The field is owned by The Techint Group.
Production from Fortin De Piedra
The Fortin De Piedra unconventional gas field recovered 21.19% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 3.22 thousand bpd of crude oil and condensate, 648.00 Mmcfd of natural gas and 3.06 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049. The field currently accounts for approximately 7% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 510.75 Mmboe, comprised of 14.38 Mmbbl of crude oil & condensate, 2,896.07 bcf of natural gas reserves and 13.69 Mmbbl of natural gas liquid reserves. Fortin De Piedra unconventional gas field reserves accounts 0.44% of total remaining reserves of producing unconventional gas fields globally.
Tecpetrol SA (Tecpetrol), a subsidiary of Techint Group, is an oil and gas exploration and production company. The company acquires, explores, produces, transports and distributes oil and gas. It operates oil and gas fields in Argentina, Venezuela, Bolivia, Ecuador, Mexico, Peru and Colombia. The company offers its products to traders, refineries, local distributors, industries, electricity generation companies, local gas distributors and CNG stations. It also supplies electricity to the Tenaris and Ternium industrial plants. Tecpetrol is headquartered in Buenos Aires, Argentina.
For more details on the Fortin De Piedra Unconventional Gas Field, buy the profile here.