Bolivia’s Incahuasi-Aquio Produces 1.78 BCM of Gas in First Half of Year

August 18, 2021 09:24

The year-to-date production of natural gas has totaled 1.78 BCM — a figure that is 41% more than what was produced during the same period last year.

On average, the field produces ca. 9.8 MCM of gas and more than 1 thousand tons of condensate on a daily basis. Since inception, the project has generated more than 13.2 BCM of gas and more than 1.45 million tons of condensate.


Background


The gas and condensate field Incahuasi-Aquio, located within the limits of the Ipati and Aquio ares in southern Bolivia, was discovered back in 2004. This is one of the largest gas and condensate fields explored in the country. 25% of Bolivia’s total gas production originates from this asset in 2021. Hydrocarbons are mostly exported to Argentina and Brazil and also supplied to the domestic market.

The field came on stream in 2016. Four well are currently producing. February 2021 saw the start of works to connect the Incahuasi 5 well to a Central Processing Facility (CPF), which are expected to be completed later this December.

March 2021 saw the successful completion of interconnecting the CPF with GSCY-Santa Cruz Pipeline-Yacuiba, an additional sales gas pipeline.

Gazprom EP International B.V. delivers the Incahuasi-Aquio project in association with TotalEnergies (50%, the operator), Tecpetrol S.A. (20%), and YPFB (10%).