TotalEnergies Start Production at Fenix Gas Field in Argentina

The Paris-headquartered Global oil major TotalEnergies on Friday announced that it has started production from the Fenix gas field, located 60 km off the coast of Tierra del Fuego in Southern Argentina.

The cost of the project was more than $706 million two years ago and production, which was expected to commence early next year, began much earlier.

The Fenix field is part of the Cuenca Marina Austral 1 (CMA-1) concession, which includes the onshore Ara and Cañadon Alfa fields and the offshore Hidra, Kaus, Carina, Aries, Vega Pleyade and Fenix fields, in which TotalEnergies holds a 37.5% operated interest, alongside its partners Harbour Energy (37.5%) and Pan American Energy (25%).

With a production capacity of 10 million cubic meters per day (70,000 boe/d), the Fenix development consists of a new unmanned platform, located in 70 m water depth and connected to the existing CMA-1 facilities.

Gas produced at Fenix is sent through a 35 km subsea pipeline to the TotalEnergies -operated Véga Pléyade platform, and is subsequently treated onshore at the Río Cullen and Cañadon Alfa facilities, which are also operated by the Company.

Low Cost Project

Fenix is a low cost, low emissions development, with a carbon intensity of 9 kg CO2e/boe, leveraging on the existing infrastructure.

Javier Rielo, Senior Vice President Americas, Exploration & Production at TotalEnergies, aid that the start-up of Fenix production safely and ahead of schedule, only two years after Final Investment Decision (FID), demonstrates the capacity of TotalEnergies to deliver its projects.

“Fenix will contribute to maintaining our gas production plateau in Tierra del Fuego and ensure a reliable supply to the Argentinean gas market” said. “With its low break-even and low carbon intensity, Fenix perfectly matches the Company’s low-cost and low-emission strategy,” he added.