Magallanes (Tierra del Fuego) Oil and Gas Field (Tierra del Fuego, Argentina)

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Magallanes (Tierra del Fuego) Oil and Gas Field is an operating oil and gas field in Tierra del Fuego, Argentina.

Along with Magallanes (Estado Nacional) Oil and Gas Field (Estado Nacional, Argentina) and Magallanes (Santa Cruz) Oil and Gas Field (Santa Cruz, Argentina), Magallanes (Tierra del Fuego) Oil and Gas Field is a part of the Magallanes Project.

Project Details

Main Data

Table 1: Field-level project details for Magallanes (Tierra del Fuego) Oil and Gas Field

¹Final Investment Decision

Unit name	Status	Operator	Owner	Discovery year	FID1 year	Production start year	Production type
Magallanes (Tierra del Fuego)	operating	Enap Sipetrol Argentina	Enap Sipetrol Argentina SA [50%]; YPF SA [50%]	–	–	–	conventional

Production and Reserves

Table 2: Reserves of Magallanes (Tierra del Fuego) Oil and Gas Field

million m³ = million cubic meters
million bbl = million barrels of oil

Fuel description	Reserves classification	Quantity	Units	Data year	Source
gas	2P reserves	2676.0	million m³	2020	​
gas	2P reserves	2570.0	million m³	2022	​
gas	2P reserves	1497.0	million m³	2023	​
oil	2P reserves	2.16	million bbl	2020	​
oil	2P reserves	2.04	million bbl	2022	​
oil	2P reserves	1.23	million bbl	2023	​

Table 3: Production from Magallanes (Tierra del Fuego) Oil and Gas Field

million m³/y = million cubic meters per year
million bbl/y = million barrels of oil per year

Category	Fuel description	Quantity	Units	Data year	Source
production	gas	354.92	million m³/y	2020	​
production	oil	0.27	million bbl/y	2020	​
production	condensate	0.0	million bbl/y	2021	​
production	gas	321.06	million m³/y	2021	​
production	oil	0.24	million bbl/y	2021	​
production	condensate	0.0	million bbl/y	2022	​
production	gas	286.62	million m³/y	2022	​
production	oil	0.22	million bbl/y	2022	​
production	gas	106.53	million m³/y	2024	​
production	oil	0.1	million bbl/y	2024	​

Location

Table 4: Field-level location details for Magallanes (Tierra del Fuego) Oil and Gas Field

Concession/Block	Basin	Location	Onshore/Offshore	Coordinates (WGS 84)
Magallanes; Poseidon	Austral	Tierra del Fuego, Argentina	offshore	-52.5623, -68.2474 (approximate)

The map below shows the approximate location of the field(s) within the Magallanes Project ():

Loading map...

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Articles and Resources

Additional Data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.