We hold interests in 13 hydrocarbon production blocks, 5 exploration areas and we operate 8% of Argentina´s shale gas acreage
We are one of the main players in the Argentine oil and gas upstream sector, with participation in 13 production blocks, 5 exploration areas which are located in the most important hydrocarbon basins of the country (Neuquén, San Jorge and Northwest) and 8% of the Argentina´s shale gas acreage. Currently, our production to our ownership amounts to approximately 5,000 barrels of oil and 250 million cubic feet of natural gas per day.
Amongst our diversified portfolio of ongoing projects, we must highlight the production of natural gas in low permeability formations (tight and shale) in the blocks El Mangrullo, Sierra Chata, Río Neuquén and Rincón del Mangrullo. Regarding exploration activity, we have participations in blocks Parva Negra Este, Las Tacanas Norte, Rincón de Aranda, Chirete, among others. In addition, we hold business association with YPF, Exxon, Total, Pluspetrol, Tecpetrol and Petrobras, among others.
Our operation complies with the Integrated Management System certified by ISO 14001 and OHSAS 18001 standards, for the Management of environmental risks, health and safety risks associated with the processes and activities of onshore exploration, drilling, production, treatment, storage and transportation of oil and gas to the delivery point, with projects regarding facilities and reservoirs of new oil and gas endeavors, in addition to activities gas fields operated at Neuquina Basin”.