YPF signed a new agreement for the transfer of the areas that make up the Neuquen South Cluster and has already added 25 conventional hydrocarbon areas delivered out of a total of 55 contemplated in the Andes Project.
According to the company that leads Horacio Marinthe new agreement was signed with the company Bentia Energyby the blocks To the North of the Dorsal, Fiscal Octagon and Dadin. The entire cluster has an estimated oil production of 1,266 barrels per day and 419 billion cubic meters of gas per day.
As he recalled More Energy, Fiscal Octagon is the field where well 1 is located, the discovery of oil in the Neuquén Basin. The original well was drilled on October 29, 1918 in the town of Plaza Huincul by the “Team Patria”, which operated with steam and drilled by percussion.
The “Patria” was directed by the engineer Enrique Canepawho discovered oil at a depth of 605 meters, in the place indicated by the German geologist Juan Keidel three years ago.
Upon hearing the news, the national government marked a reserve area of 8,000 hectares and named it the Fiscal Octagon. Later, the discovery well was called Well No. 1.
Fiscal Octagon of Neuquén oil well
The firm that will be awarded the operation belongs to Javier Iguacelformer Minister of Energy of the Nation during the government of Mauricio Macri.
In fact, in the previous round of signing agreements Iguacel integrated his Bentia firm into a UTE together with Diego Manfio’s Neuquén-based Sima to keep it Neuquén North Cluster.
“At Bentia we believe that success is long-lasting if the people who carry it out have strong values. Ours: integrity, perseverance and audacity. I am proud of the team we are putting together and the new achievement of expanding where the discovery well in Neuquén was drilled.”wrote Igua
Fiscal Octagon of Neuquén oil well
cell on the networks.
Despite the business euphoria, as with previous agreements, YPF confirmed that this new agreement will be submitted to the government of Rolando Figueroa to analyze the company’s background and validate the process of definitive transfer of hydrocarbon areas.
So far YPF has signed nine agreements Andes Project for 25 conventional areas located in Rio Negro, Neuquén, Mendoza and Chubut.
Andes YPF Project
The previous round of agreements was for the transfer of the areas that make up the zone Mendoza South, and were handed over to the consortium of companies made up of Quintana Energy and TSBowned by the entrepreneur Claudio Ucera -father of the racing car driver Juan Manuel Ucera and father-in-law of Nicole Neuman- and the consultant Carlos Gilardonerespectively.
YPF also signed another transfer agreement with the Quintana company: this is the hydrocarbon block Fernandez Oro Stationlocated in Black River. If also the provincial government of Alberto Wereltineck authorizes it and extends the contract with expiration in 2026, Gilardone will take charge of the main gas field in the province, with modern assets in operation for the extraction of tight gas.
Source: Ambito
