Bajo del Choique-La Invernada block development, Argentina
Name of the Project
Bajo del Choique-La Invernada block development.
Location
Bajo del Choique-La Invernada is a 40 062 ha block, located in the Vaca Muerta basin, Argentina.
Project Owner/s
ExxonMobil Exploration Argentina is the operator and holds a 90% interest in the project, in partnership with Gas y Petróleo del Neuquén, which holds a 10% interest.
Project Description
The project is expected to produce up to 55 000 bbl/d oil-equivalent within five years and will include 90 wells, a central production facility and export infrastructure connected to the Oldeval pipeline and refineries.
Should the project be successful, ExxonMobil could invest in a second phase, which would produce up to 75 000 bbl/d oil-equivalent.
The timing of the second phase depends on initial project performance and business and market conditions, besides other factors.
Potential Job Creation
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
ExxonMobil, tel +1 972940 6007.
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