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  • Wintershall DEA: Record Production in Tierra del Fuego
    édité le 28/06/2019 - Plus de news de "Wintershall DEA" - Voir la fiche entreprise de "Wintershall DEA"

Wintershall DEA: Record Production in Tierra del Fuego
The CMA-1 Consortium, composed by Total Austral (operator), Wintershall Dea and Pan American Energy reports that this week a record production was achieved in Tierra del Fuego with a volume of 22.8 million cubic meters/day from the offshore fields located north of the Province of Tierra del Fuego.

This record production was made possible thanks to the expansion project realised in the Cañadón Alfa plant, inaugurated on May 16. The installation of new equipment allowed the extension of the compression capacity, a new gas pipeline of a length of 27 kilometres between the plants Río Cullen and Cañadón Alfa and a gas export line of a length of 2 kilometres permitted to convey the fluid in commercial conditions until reaching the General San Martín gas transport pipeline.

This project, together with the recent Vega Pléyade development, injects greater gas volumes in the local market and thus reduces imports by approximately 8 million cubic meters during the peak demand period in Argentina.

Tierra del Fuego: Thriving partnership

In 1978, the CMA-1 Consortium (Total Austral (37.5%), in co-operation with its partners Wintershall DEA (37.5%) and Pan American Energy (25%)) began its activities in the Argentinian province of Tierra del Fuego. Currently, the CMA-1 Consortium maintains onshore and offshore production in the following reservoirs: Hidra, Kaus, Ara-Cañadón Alfa, Argo, Carina and Aries as well as Vega Pléyade.

The output of these reservoirs is sent to the processing facilities of Río Cullen and Cañadón Alfa, located on the northern coast of the province of Tierra del Fuego. All in all, these reservoirs provide the Argentinian marked with more than 20 million cubic metres of gas every day. Presently, Total Austral continues to develop intense exploration and production activities, taking the chance on a long-term strategic project which has the capacity to permanently supply energy to the country

About Wintershall Dea

With the merger of Wintershall Holding GmbH and DEA Deutsche Erdoel AG, two successful companies with a long tradition have formed Europe’s leading independent natural gas and oil company: Wintershall Dea. The company with German roots and headquarters in Kassel and Hamburg explores for and produces gas and oil in 13 countries worldwide in an efficient and responsible manner. With activities in Europe, Russia, Latin America and the MENA region (Middle East & North Africa), Wintershall Dea has a global upstream portfolio and, with its participation in natural gas transport, is also active in the midstream business.

Wintershall Dea stands for more than 120 years of experience as an operator and project partner along the entire E&P value chain. The company employs around 4,000 people worldwide from over 60 nations. The company plans to increase its average daily production from around 590,000 barrels of oil equivalent to a range of 750,000 to 800,000 barrels in the period between 2021 and 2023. In the medium term, an initial public offering of Wintershall Dea is envisaged.

Origine : Communiqué Wintershall DEA

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