Parva Negra is a unconventional gas development located onshore Argentina and is operated by Pampa Energia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block Parva Negra Este. Buy the profile here.
The project is currently in commissioning stage and is expected to start commercial production in 2023.
Field participation details
The field is owned by Exxon Mobil, Gas y Petroleo del Neuquen, Pampa Energia and QatarEnergy.
Production from Parva Negra
Production from the Parva Negra unconventional gas development project is expected to begin in 2023 and is forecast to peak in 2025, to approximately 8 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2045.
Remaining recoverable reserves
The field is expected to recover 6.08 Mmboe, comprised of 36.47 bcf of natural gas reserves.
About Pampa Energia
Pampa Energia SA (Pampa) is an integrated energy company. It generates and transmits electricity; and explores for and produces oil and gas; produces and distributes petrochemicals; and commercializes and transports hydrocarbons. The company produces electricity using the coal, wind, hydro and co-generation sources; and explores for and produces hydrocarbon products in Argentina, Ecuador and Venezuela. Pampa produces intermediate gasoline, monomer styrene, propellants, hexane and other hydrogenated paraffinic solvents, aromatic solvents, rubber, and polymers. It serves residential, small and medium commercial, industrial, wheeling system and other customers in Argentina. The company has power generation and other production sites in Argentina. Pampa is headquartered in City of Buenos Aires, Argentina.
For more details on the Parva Negra Unconventional Gas Field, buy the profile here.