Palenque De La China is a producing conventional 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 Agua Salada. Buy the profile here.
Field participation details
The field is owned by The Techint Group and YPF.
Production from Palenque De La China
The Palenque De La China conventional gas field recovered 52.78% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 0.97 thousand bpd of crude oil and condensate, 5.00 Mmcfd of natural gas and 0.02 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2050.
Remaining recoverable reserves
The field is expected to recover 1.31 Mmboe, comprised of 0.93 Mmbbl of crude oil & condensate, 2.19 bcf of natural gas reserves and 0.02 Mmbbl of natural gas liquid reserves.
About Tecpetrol
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 Palenque De La China 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.
