Total aprobo el desarrollo de Aguada Pichana Este

by • 27 Abril, 2017 • ArgentinaComments (0)

La petrolera francesa Total dio el visto bueno el jueves al desarrollo de su primer gran proyecto desde 2014 tras anunciar un fuerte incremento de sus beneficios trimestrales, que puso de relieve sus esfuerzos para reducir costos durante la ola de declive de los precios del petróleo.

Total dijo que había aprobado el desarrollo de su proyecto Aguada Pichana Este en la formación de hidrocarburos argentina de Vaca Muerta y que había incrementado su participación en la concesión del 27 al 41 por ciento.

Total y otras grandes petroleras como Royal Dutch Shell y Exxon Mobil han vuelto a enfocarse en el crecimiento, aunque con prudencia, después de años de recortes de gastos que implicaron la supresión de miles de puestos de trabajo y el abandono de importantes proyectos.

Total, que además es la mayor compañía de Francia, inauguró la temporada de resultados trimestrales del sector con tono positivo, al contabilizar un incremento del beneficio neto ajustado del 54 por ciento a 2.600 millones de dólares entre enero y marzo.

Los analistas habían pronosticado de media un beneficio neto ajustado de 2.400 millones de dólares en el periodo.

"No hay duda de que Total ya ha pasado lo peor y se encuentra en un momento dulce", dijo el analista de Bernstein, Oswald Clint, que asignó a Total la recomendación de "igual al promedio del mercado", argumentando que ve mejores rentabilidades en rivales como Shell.

Se espera que la mayor confianza en la recuperación de los precios del petróleo tras años de menor inversión y después de que la OPEP y otros grandes productores acordaron reducir la producción lleve a un prudente resurgimiento de nuevos proyectos.

/Reuters

Informe de la Compañía

Total has sanctioned the development of the first phase of the operated Aguada Pichana Este license in the giant Vaca Muerta shale play in Argentina. Moreover, the Group will also increase its interest in the license from 27.27% to 41%.

Gas production from the project will be treated at the existing Aguada Pichana gas plant which will thus reach its full capacity of 16 million cubic meters per day (100,000 barrels equivalent per day).

"Launching this project is a key milestone in the development of the giant Vaca Muerta shale play. Total is also increasing its interest in the East part of the Aguada Pichana concession where the results of pilot wells drilled to date have been excellent. The development will benefit from the use of existing facilities, enabling the production of shale gas at a very competitive cost,” said Arnaud Breuillac, President Exploration & Production. “This is one of the ten major projects that Exploration & Production plans to sanction in 2017-2018, taking advantage of the favorable low cost environment, which is now approved and will contribute to the Group’s production growth beyond 2020.”

Total’s decision follows the announcement by the Argentine Ministry of Energy and Mines of the “Program for Stimulation of Unconventional Gas Developments” which guarantees gas prices until 2021.

As part of the project, the Aguada Pichana partners (Total Austral S.A. 27.27%, YPF S.A. 27.27%, Wintershall Energia S.A. 27.27% and Panamerican Energy LLC 18.18%) have entered into a memorandum of understanding that includes an increase of Total’s participation to 41% in the Aguada Pichana Este project being developed. The agreement remains subject to the approval of Neuquen Province authorities.

Total Exploration & Production in Argentina

Total is a long-standing partner of Argentina. The Group has been present in the country for nearly 40 years and operates around 30% of the domestic gas production. In 2016, the Group's share of production in Argentina was 78,000 barrels of oil equivalent per day.

On the CMA-1 concession in Tierra del Fuego, Total operates the onshore Ara and Cañadon Alfa fields and the offshore Hidra, Carina and Aries fields. In February 2016, Total has started up production at the offshore Vega Pleyade gas and condensate field situated on the concession. Total is also planning to sanction the Fenix development before end 2018.

In the onshore Neuquén basin, the Group holds equity interests in ten blocks, spanning more than 300,000 net acres, of which six are operated, including the Aguada Pichana and San Roque producing fields. 

Total is currently conducting a pilot project on its operated Rincon la Ceniza license, which lies in the Vaca Muerta wet gas window, with very encouraging results so far. An appraisal well drilled in 2016 on the nearby operated La Escalonada block to test the oil window has also shown excellent productivity.

Lea nota completa en Total

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