Rio Neuquen is a producing unconventional gas 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 Rio Neuquen. Buy the profile here.
Field participation details
The field is owned by Pampa Energia, Petroleo Brasileiro and YPF.
Production from Rio Neuquen
The Rio Neuquen unconventional gas field recovered 37.47% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 1.71 thousand bpd of crude oil and condensate, 192.00 Mmcfd of natural gas and 0.91 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2068. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 175.48 Mmboe, comprised of 8.59 Mmbbl of crude oil & condensate, 973.61 bcf of natural gas reserves and 4.62 Mmbbl of natural gas liquid reserves. Rio Neuquen unconventional gas field reserves accounts 0.15% of total remaining reserves of producing unconventional gas 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.
For more details on the Rio Neuquen Unconventional Gas Field, buy the profile here.