Puesto Prado is interconnected to and borders the north of President’s Estancia Vieja field and covers an area of 57.3 sq km. It has 23 wells currently shut-in of which some 5 are available for reactivation, with the last recorded production being some 150 bopd. It also incorporates a treatment plant which after repair and upgrading is considered by President to be able to be able to process some 600 bopd with the oil evacuated by truck direct from the field to a local refinery. Currently registered hydrocarbon reserves at Puesto Prado are not considered material in the context of President’s existing reserve base.
Las Bases, some 15 km to the north of and interconnected to Puesto Prado, covers 153 sq km, is a gas field comprising of 5 wells all shut in, with a compression plant originally built by Chevron Argentina. Currently out of commission and needing repair to place back into service, the plant was handling at one stage some 35 MMscf per day of gas from three/four gas wells operating in the Concession. As with Puesto Prado, the presently registered hydrocarbon reserves are not considered material.
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. The part of the line between Puesto Prado and Las Bases is currently a 3″ diameter flexible pipe with the part running from Estancia Vieja to Puesto Prado 3″ diameter steel. There is also an oil pipeline running between from Estancia Vieja to Puesto Prado.
The plant has a pipeline connection of gas and oil with Estancia Vieja