Medanito is a producing conventional oil field located onshore Argentina and is operated by Petroquimica Comodoro Rivadavia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block El Medanito LP. Buy the profile here.
Field participation details
The field is owned by Pampetrol SAPEM and Petroquimica Comodoro Rivadavia.
Production from Medanito
The Medanito conventional oil field recovered 63.57% of its total recoverable reserves, with peak production in 2011. The peak production was approximately 6.95 thousand bpd of crude oil and condensate, 25.00 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 2050. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 37.09 Mmboe, comprised of 24.95 Mmbbl of crude oil & condensate, 69.73 bcf of natural gas reserves and 0.51 Mmbbl of natural gas liquid reserves. Medanito conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
About Petroquimica Comodoro Rivadavia
Petroquimica Comodoro Rivadavia SA, is operates in the areas of oil and gas exploration and production, cement production and distribution, and renewable power generation. The company is headquartered in Argentina.
For more details on the Medanito Conventional 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.
