This is the largest hydrocarbon-producing basin. Because of our operations, the province of Chubut has become the main producer of this hydrocarbon.
This is our main asset, and Argentina’s largest oilfield.
We took on the challenge to operate Cerro Dragón seeking to increase production and surpassing the expected indicators in terms of reserve replacement.
We operate these three blocks, located in the provinces of Chubut and Santa Cruz, which are developed thanks to the application of the most advanced techniques for mature fields.
With 25%, we participated in the development of Estancia La Escondida, an area located in the north of the Golfo San Jorge Basin, operated by Colhue Huapi.
This block, with an area of 509 km2, gained additional momentum in 2013 with the development of unconventional reservoirs reaching depths of up to
4, 500 meters.
PAE operates the areas, with a 62.5% participating interest, while YPF has the remaining 37.5%.
with more than 1.1 billion dollars invested, we achieved a sevenfold increase in gas production within this block.
In terms of gas production, Aguada Pichana and Aguada San Roque are, respectively, the fourth and fifth largest gas production blocks in Argentina. Together they produce approximately 13 million m3 of gas per day. In both blocks, the company has maximized the efforts to tap into the potential of subsoil resources.
In Aguada San Roque, the consortium is formed by operator Total Austral (24.71%), YPF (34.11%), Wintershall Energía (24.71%) and PAE (16.47%). In Aguada Pichana, the consortium is formed by operator Total Austral (27.27%), Wintershall Energía (27.27%), YPF (27.27%) and PAE (18.18%).
Here, we operate Acambuco, a block formed by Macueta and San Pedrito gasfields, in conjunction with our partners.
is the first well that produces hydrocarbons on two formations at the same time thanks to smart completion, i.e. it uses independent valves that regulate the water flow in each reservoir..
Duration of the project.
Persons worked on it.
Increased the daily production.
Increased the production in this area.
This is the largest gas basin in Argentina, which provides most of the country’s natural gas, serving as its main source of energy. The fields are found both onshore and offshore, and this implies the use of specific technologies to extract hydrocarbons located beneath the seabed. Here we are part of the CMA-1 Consortium, which operates some of the most promising fields, and we are currently at the beginning of the exploration stage.
The project involves several challenges, such as working in hard-to-access areas, and dealing with complex geology, hydrocarbons at great depth and an area of extreme environmental sensitivity. However, production of natural gas in the block has been higher than initially estimated.