TotalEnergies starts production in Argentina’s Fénix gasfield
BUENOS AIRES, September 20, 2024 – TotalEnergies has started production from the Fénix gasfield offshore Tierra del Fuego in Southern Argentina, the company announced on Friday.
Located approximately 60 kilometres from the coast, the Fénix field is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies holds a 37.5% operating interest, alongside partners Harbour Energy (37.5%) and Pan American Energy (25%).
The development consists of a new unmanned platform connected to the existing CMA-1 facilities. Produced gas arrives through a 35-kilometre subsea pipeline to the TotalEnergies-operated Vega Pléyade platform and then treated onshore at the Río Cullen and Cañadón Alfa facilities, which are also operated by TotalEnergies.
“Fénix will contribute to maintaining our gas production plateau in Tierra del Fuego and ensure a reliable supply to the Argentinean gas market. With its low break-even and low carbon intensity, Fenix perfectly matches the Company’s low-cost and low-emission strategy” said Javier Rielo, senior vice-president of Americas exploration and production at TotalEnergies.
The start-up of production has come two years after FID on the development and ahead of schedule.
Photo courtesy of TotalEnergies
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