Llancanelo is a producing heavy oil field located onshore Argentina and is operated by YPF. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Llancanelo. Buy the profile here.
Field participation details
The field is owned by YPF.
Production from Llancanelo
The Llancanelo heavy oil field recovered 38.93% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 1.51 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2067.
Remaining recoverable reserves
The field is expected to recover 7.69 Mmboe, comprised of 7.65 Mmbbl of crude oil & condensate and 0.22 bcf of natural gas reserves. Llancanelo heavy oil field reserves accounts 0.02% of total remaining reserves of producing heavy oil fields globally.
About YPF
YPF SA (YPF) is an integrated energy company. Its carries out exploration, development and production of natural gas, crude oil, and liquefied petroleum gas (LPG). It also provides oil and gas from conventional, unconventional and renewable sources such as wind, solar, geothermal and hydropower. The company also conducts refining of oil and petrochemicals, logistics related to the transportation of oil and gas to refineries and distribution of refined and petrochemical products to different sales channels. It markets and distributes products to oil and gas, transport, agricultural, mining, aviation, naval, infrastructure and construction industries. YPF's supervises exploration and development activities in Argentina, Chile, Colombia and Bolivia. YPF is headquartered in Buenos Aires, Argentina.
For more details on the Llancanelo Heavy 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.
