Field | Angostura |
Province | Rio Negro |
Area | 384 km² |
Working Interest | 100% during the exploration contract period |
Operator | Molecular Energies PLC (100%) |
Concession End Date | End 2023 (renewable) |
Status | Producing and convertible on request into a 25 year production concession |
The Angostura exploration area, that covers 384 km², lays directly to the west of and is interconnected via gas pipeline to Molecular Energies PLC’s Las Bases field. Gas is currently being produced from three wells and oil from two wells. There is a small treatment facility for the gas, which is then transported via pipeline to the Las Bases gas plant and thereafter on though Molecular Energies PLC’s regional pipeline direct to off takers. Oil production is shipped via truck to Molecular Energies PLC’s own Puesto Prado oil treatment plant for processing.
There have been 26 wells drilled in Angostura, 4 of which are active.
The field has a gas connection via pipeline to Las Bases