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December 2, 2021

Sierras Blancas Unconventional Oil Field, Argentina

By Carmen

Sierras Blancas is a producing unconventional oil field located onshore Argentina and is operated by Shell Argentina. The field is located in block Sierras Blancas.

Two expansion projects are associated with the Sierras Blancas unconventional oil field, namely Sierras Blancas Phase I Development and Sierras Blancas Full Field Development . The expansion projects are currently in the construction and feasibility stage, targeting start-up during 2021 – 2025.

Field participation details

The field is owned by Royal Dutch Shell and Gas y Petroleo del Neuquen.


Production from Sierras Blancas

The Sierras Blancas unconventional oil field recovered 11.41% of its total recoverable reserves, with peak production expected in 2022. The peak production will approximately 5.48 thousand bpd of crude oil and condensate and 3 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2064.


Remaining recoverable reserves

The field is expected to recover 32.3 Mmboe, comprised of 29.36 Mmbbl of crude oil & condensate and 17.63 bcf of natural gas reserves. Sierras Blancas unconventional oil field reserves accounts 0.03% of total remaining reserves of producing unconventional oil fields globally.


Contractors involved in the Sierras Blancas unconventional oil field

Some of the key contractors involved in the Sierras Blancas project as follows.

Other Contractors: Hytech Plant Design USA and Ingenieria Sima

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Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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