Proa is a producing conventional oil field located onshore Argentina and is operated by Madalena Energy Argentina. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Surubi. Buy the profile here.

Field participation details

The field is owned by Gasener and Recursos Y Energia Formosa Sociedad Anomina.

Production from Proa

The Proa conventional oil field recovered 96.99% of its total recoverable reserves, with peak production in 2012. The peak production was approximately 1.37 thousand bpd of crude oil and condensate and 1.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.

Remaining recoverable reserves

The field is expected to recover 0.12 Mmboe, comprised of 0.11 Mmbbl of crude oil & condensate and 0.03 bcf of natural gas reserves.

About Madalena Energy Argentina

Madalena Energy Argentina Srl is engaged in the exploration of oil and gas. The company is headquartered in Argentina.

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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.