Hidra-Ara Sur-Kaus-Argo-Canadon Alfa-Antares-Orion-Orion Norte-Spica-Carina-Aries-Vega Pleyade-Fenix is a conventional gas development located in shallow water in Argentina and is operated by Total Austral. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Hidra-Ara Sur-Kaus-Argo-Canadon Alfa-Antares-Orion-Orion Norte-Spica-Carina-Aries-Vega Pleyade-Fenix was discovered in 1982, lies in block Cuenca Marina Austral 1, with water depth of around 233 feet. Buy the profile here.
The project is currently in construction stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project was approved in 2022. The development cost is expected to be $706 m. The Hidra-Ara Sur-Kaus-Argo-Canadon Alfa-Antares-Orion-Orion Norte-Spica-Carina-Aries-Vega Pleyade-Fenix conventional gas development will involve the drilling of approximately six wells and includes subsea tree.
Field participation details
The field is owned by BASF, BP, Bridas Energy Holdings, China National Offshore Oil, LetterOne Holdings and TotalEnergies.
Production from Hidra-Ara Sur-Kaus-Argo-Canadon Alfa-Antares-Orion-Orion Norte-Spica-Carina-Aries-Vega Pleyade-Fenix
Production from the Hidra-Ara Sur-Kaus-Argo-Canadon Alfa-Antares-Orion-Orion Norte-Spica-Carina-Aries-Vega Pleyade-Fenix conventional gas development project is expected to begin in 2025 and is forecast to peak in 2027, to approximately 229 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2038.
Remaining recoverable reserves
The field is expected to recover 120.11 Mmboe, comprised of 720.65 bcf of natural gas reserves.
Contractors involved in the Hidra-Ara Sur-Kaus-Argo-Canadon Alfa-Antares-Orion-Orion Norte-Spica-Carina-Aries-Vega Pleyade-Fenix conventional gas field
Some of the key contractors involved in the Hidra-Ara Sur-Kaus-Argo-Canadon Alfa-Antares-Orion-Orion Norte-Spica-Carina-Aries-Vega Pleyade-Fenix project as follows.
Main EPC: Rosetti Marino
Other Contractors: Corinth Pipeworks
For more details on the Hidra-Ara Sur-Kaus-Argo-Canadon Alfa-Antares-Orion-Orion Norte-Spica-Carina-Aries-Vega Pleyade-Fenix 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.
