Total has released a statement claiming that it has started production at the Incahuasi gas and condensate field in Bolivia. The development is the company’s first in Bolivia, and has a production capacity of 50 000 boe/d. The field is located over 5600 m beneath the Andean foothills, and 250 km from Santa Cruz de la Sierra, Bolivia. The development is operated by Total (50%), alongside partners Gazprom (20%), Tecpetrol (20%) and YPFB Chaco (10%).
The President of Total Exploration & Production, Arnaud Breuillac, said: “Incahuasi is one of the largest gas and condensate fields brought on stream in Bolivia. Incahuasi’s production will contribute to Bolivia’s gas exports to Argentina and Brazil as well as domestic consumption.
“Delivered within budget, Incahuasi is the fourth start-up this year and as a low-cost project with a long production plateau, it will contribute to the Group’s production growth in 2016 and beyond.”
The first phase of the field development will involve three wells, a gas treatment plant and 100 km of associated export pipelines. The second phase is currently being considered, and would involve an additional three wells.
Edited from press release by David Rowlands