Vega Grande is a producing unconventional oil field located onshore Argentina and is operated by Grecoil Y Cia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Buy the profile here.
Field participation details
The field is owned by Mercuria Energy Group and othres.
Production from Vega Grande
The Vega Grande unconventional oil field recovered 63.46% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 0.14 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034.
Remaining recoverable reserves
The field is expected to recover 0.35 Mmboe, comprised of 0.20 Mmbbl of crude oil & condensate and 0.90 bcf of natural gas reserves.
About Grecoil Y Cia
Grecoil Y Cia. S.A. is a company that operates oil and gas fields. It is headquartered in Argentina.
For more details on the Vega Grande Unconventional 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.
