|Working Interest||90% (10% EDHIPSA)|
|End 2028 (renewable)|
|Current 1P Reserves||0.6 MMboe|
|Current 2P Reserves||1.0 MMboe|
Las Bases, some 15km to the north of and interconnected to Puesto Prado covers 153 km², is a gas field comprising of 5 wells all shut in, with a compression plant originally built by Chevron Argentina. The plant has recently been partly reactivated and is handling gas from the company’s Angostura and Estancia Vieja fields.
Further new drilling in Las Bases is under active consideration for 2020.
Gas Pipelines of the Concessions
Las Bases benefits from its own 38km 8″ diameter steel gas pipeline running from the Concession to own tie-in to the regional gas transport pipeline allowing gas to be transported and sold to market. President’s Estancia Vieja field is already connected into this pipeline as Puesto Prado has the benefit of its own gas pipeline running from Estancia Vieja through Puesto Prado to link in with the Las Bases pipeline. A new 6″ diameter steel pipe has been installed between Puesto Prado and Las Bases in February 2020, replacing the previous 3″ flexible pipe and increasing the volume that can be transported. There is also an oil pipeline running between from Estancia Vieja to Puesto Prado.
The plant has a pipeline connection for gas with Estancia Vieja