Pluspetrol to Produce 11mn cm/d from Ramos

By
Friday, March 10, 2000

rgentina's Pluspetrol Energy plans to maintain gas output in its 4.5 tcf Ramos gas field in northern Argentina at 11 million cu. m. (389 million cubic feet) per day during 2000, a company source told BNamericas.com.

Pluspetrol Energy is a joint venture between Spanish oil company Repsol-YPF (45%) and private Argentine oil company Pluspetrol (55%). It has a 60% share in the block, while Argentina's Tecpetrol has 25% and Astra has 15%.

This year Pluspetrol expects company-wide gas production to average 550 million cubic feet per day (cfpd). It also operates 10 fields in Bolivia and has a 20% interest in Bolivia's Andina gas production company. Andina's other controllers are Perez Companc and Repsol-YPF with 40% each.

Start your 15 day free trial now!

cta-arrow

Already a subscriber? Please, login

Pluspetrol also holds a 40% stake in the Camisea gas field in Peru and has made a gas discovery in the Neuquen basin in Argentina.