Palmar Largo is a producing conventional oil field located onshore Argentina and is operated by Centaurus Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Palmar Largo. Buy the profile here.
Field participation details
The field is owned by Recursos Y Energia Formosa Sociedad Anomina.
Production from Palmar Largo
The Palmar Largo conventional oil field recovered 92.88% of its total recoverable reserves, with peak production in 1996. The peak production was approximately 4.89 thousand bpd of crude oil and condensate and 4.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036.
Remaining recoverable reserves
The field is expected to recover 1.78 Mmboe, comprised of 1.37 Mmbbl of crude oil & condensate and 2.44 bcf of natural gas reserves.
About Centaurus Energy
Centaurus Energy Inc (Centaurus Energy) is an oil and gas company that provides domestic and international upstream oil and gas exploration services. It acquires, develops and explores natural gas, crude oil, and natural gas liquids. The company's oil and gas operations include Puesto Morales Este, Coiron Amargo Norte, Coiron Amargo Sureste, Curamhuele, Puesto Morales, Surubl. The company conducts its exploration and production operations in the Northwest, Neuquen and Crataceous basins of Argentina. Centaurus Energy is headquartered in Calgary, Alberta, Canada.
For more details on the Palmar Largo 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.
