Project Profile
Value: Undisclosed
Location: Neuquen Basin
Start-up Year: -
In the Neuquen Basin, the connection of satellite discoveries and an increase in compression capacity allowed the extension of the San Roque and Aguada Pichana fields’ plateau production.
In February 2009, Total and the Argentinean authorities signed an agreement extending the Aguada Pichana and San Roque concessions for ten years (from 2017 to 2027). As part of this agreement, a 3D seismic survey was shot in late 2009 in the Las Carceles canyons area to allow exploration to continue on Aguada Pichana, on the western portion of the area that is already developed.
YPF has signed a memorandum of understanding with Pan American Energy (PAE), Total and Wintershall to invest US$500 million in exploring two blocks in the Vaca Muerta shale in Argentina.
Aguada Pichana (APO and APE)
Aguada Pichana Oeste (APO), measuring 629 square km, and Aguada Pichana Este (APE), which has an area of 604 square km. APO will be merged with Aguada de Castro (ACA), taking the combined block\'s area to 767 square km.
Pilot Projects (announced July, 2017)
On APE, the pilot involves the drilling of 48 horizontal wells with laterals of between 1,500 and 2,000 metres, each with 15 to 20 frack stages.
On APO and Aguada de Castro blocks, the pilot will consist of drilling 24 horizontal wells plus building a pipeline to take the output to a treatment plant on APE.
Operator:
San Roque
Total: Operator with 24.7% interest
Repsol YPF: 75.3% interest
Aguada Pichana Este (APE)
Total: Operator with 41% interest
Repsol YPF: 22.5% interest
Wintershall: 22.5% interest
Pan American Energy PAE: 14% interest
Aguada Pichana Oeste (APO)
Pan American Energy PAE: OPerator with 45% interest
Repsol YPF: 30% interest
Total: 25% interest
Cerro Las Minas
Repsol YPF: Operator with 60% interest
Total: 40% interest
Cerro Partido
Repsol YPF: Operator with 55% interest
Total: 45% interest
Updated by TM.