Total Austral, more than 45 years of presence and experience in Argentina
Some of the country’s most significant oil and gas reserves are located under the seabed. Developing such reserves entails facing several challenges, since offshore operations are technically complex and are conducted in remote areas, without infrastructure, and in particularly adverse weather conditions.
However, our exploration and production teams benefit from the experience acquired over more than four decades in the country, as well as the know-how that has made the TotalEnergies company one of the industry’s top offshore operators worldwide.
This allows us to be successful at the time of implementing and leading large projects. Thus, in Tierra del Fuego, we operate onshore field Ara-Cañadon Alfa and offshore fields Hidra, Kaus, Carina, Aries and Vega Pleyade. Offshore production accounts for approximately 51% of Total Austral’s oil and gas operated production.
In the Neuquen Basin, Total Austral holds equity interests in seven blocks, and operates five of such blocks, including Aguada Pichana, San Roque, Rincón La Ceniza y La Escalonada fields. In addition to conventional resources, these concessions include unconventional oil and gas exploration and production in Vaca Muerta shale formation.