Argentina Commitment to Natural Gas
In Argentina, Wintershall Dea is a major supplier of energy and belongs to the country’s top five producers of natural gas. For more than four decades, offshore gas production in Tierra del Fuego has been a solid foothold for Argentina's energy supply.
Río Cullen plant: producing gas from the world’s southernmost region.
Wintershall Dea has been active in Argentina for more than 40 years. Today, the company has stakes in onshore and offshore fields in Neuquén and Tierra del Fuego and with these contributes significantly to Argentina's energy supply. With a total production of about 66,000 barrels of oil equivalent per day, Argentina is a core country in the company portfolio. Wintershall Dea’s activities in the country have a clear focus on the production of gas which plays a key role in the country's energy matrix.
Where we operate in Argentina
The company is active in the provinces of Neuquén as well as onshore and offshore in Tierra del Fuego in the south of Argentina.
Off the coast of Tierra del Fuego, Wintershall Dea has been working successfully with its partners for many years to supply Argentina with energy. The region forms the backbone of the country‘s energy supply – today around 16 per cent of Argentina‘s natural gas is produced in the CMA-1 (Cuenca Marina Austral 1) region alone. Natural gas production comes from Carina, Aries, Vega Pléyade and other smaller fields.
Another focus is on the Neuquén province in central Argentina: together with its partners, Wintershall Dea is producing natural gas from the conventional reservoirs and shale gas play of Aguada Pichana Este and San Roque.
barrels of oil equivalent per day are produced by the company in Argentina.
of the gas produced in Argentina comes from the offshore concession CMA-1.
FENIX – OUR LATEST EXCITING DEVELOPMENT
Fenix is the latest promising project in the CMA-1 concession, expected to deliver significant natural gas volumes for more than 15 years, thus reinforcing the company’s commitment to Argentina’s gas production in the long run. Wintershall Dea, together with operator TotalEnergies and partner Pan American Energy, reached a final investment decision, amounting to a total of approximately 700 million US Dollars. Part of the cluster is also the world’s southernmost gas production platform Vega Pléyade.
With the promising future project Fenix at the CMA-1 gas cluster, we are reaffirming our long-term commitment to Argentina and expect to deliver additional significant natural gas volumes for more than 15 years.