Valle Hermoso is a producing conventional oil field located onshore Argentina and is operated by Pan American Energy (Sucursal Argentina). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Anticlinal Grande – Cerro Dragon. Buy the profile here.
Field participation details
The field is owned by BP, Bridas Energy Holdings and China National Offshore Oil.
Production from Valle Hermoso
The Valle Hermoso conventional oil field recovered 84.38% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 13.20 thousand bpd of crude oil and condensate and 65.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 26.19 Mmboe, comprised of 11.46 Mmbbl of crude oil & condensate, 85.39 bcf of natural gas reserves and 0.50 Mmbbl of natural gas liquid reserves. Valle Hermoso conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
For more details on the Valle Hermoso Conventional Oil Field, buy the profile here.
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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.
