Pico Truncado 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 Pico Truncado – El Cordon. Buy the profile here.
Field participation details
The field is owned by YPF.
Production from Pico Truncado
The Pico Truncado heavy oil field recovered 95.24% of its total recoverable reserves, with peak production in 1996. The peak production was approximately 16.23 thousand bpd of crude oil and condensate and 14.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2027.
Remaining recoverable reserves
The field is expected to recover 2.67 Mmboe, comprised of 2.11 Mmbbl of crude oil & condensate, 3.36 bcf of natural gas reserves and 0.00 Mmbbl of natural gas liquid reserves. Pico Truncado heavy oil field reserves accounts 0.01% of total remaining reserves of producing heavy oil fields globally.
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.
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