France-based Total has started production at the Vega Pleyade gas and condensate field in the Tierra del Fuego region, offshore Argentina.
The project is operated by Total with a 37.5% interest and will have a production capacity of ten million cubic metres of gas per day.
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Remaining partners are Wintershall Energia with 37.5% interest and Pan American Energy with 25% stake.
Total exploration and production president Arnaud Breuillac said: "Vega Pleyade is Total’s second start up this year and will contribute to our production growth in 2016 and for the years to come.
"The project consists of the development of one of the largest offshore gas fields in Argentina and is the world’s southern-most gas development.
"It will allow us to maintain the level of our operated production in Tierra del Fuego at around 18 million cubic metres per day (130,000boe/d) and to contribute to the long-term delivery of gas to Argentina."
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By GlobalDataThe Vega Pleyade development will comprise a wellhead platform in 50m water depth connected through a 77km offshore pipeline to the Rio Cullen and Cañadon Alfa onshore treatment facilities.
Both facilities are operated by Total.
Vega Pleyade is located in the Cuenca Marina Austral 1 (CMA-1) concession in Tierra del Fuego, where Total operates the onshore Ara and Cañadon Alfa fields as well as the offshore Hidra, Kaus, Argo, Carina and Aries fields.
Image: Vega Pleyade is in the Cuenca Marina Austral 1 (CMA-1) concession in Tierra del Fuego. Photo: courtesy of Total.
