Rio Chico (Cerro Tortuga – Las Flores) is a producing conventional oil field located onshore Argentina and is operated by Pan American Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Cerro Tortuga – Las Flores. Buy the profile here.
Field participation details
The field is owned by BP, Bridas Energy Holdings and China National Offshore Oil.
Production from Rio Chico (Cerro Tortuga - Las Flores)
The Rio Chico (Cerro Tortuga - Las Flores) conventional oil field recovered 50.19% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 0.91 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 2055.
Remaining recoverable reserves
The field is expected to recover 2.30 Mmboe, comprised of 2.07 Mmbbl of crude oil & condensate and 1.40 bcf of natural gas reserves.
About Pan American Energy
Pan American Energy SL (PAE) is and oil and gas company that offers exploration services. The company carries out oil and gas exploration and production services in Argentina. Its products include crude oil and natural gas. PAE provides transportation, treatment, storage and shipping of oil, energy generation and distribution of gas. The company operates hydrocarbon basins such as Neuquina, Noroeste, Golfo San Jorge and Austral Basins in Argentina. It also pipelines, oil terminals, gas distribution and power generation facilities. The company operates has its energy production operations in Buenos Aires, Jump, Chubut and Neuquen. PAE is headquartered in Buenos Aires, Argentina.
For more details on the Rio Chico (Cerro Tortuga - Las Flores) Conventional Oil Field, buy the profile here.