TOTALENERGIES SE: Argentina: Production Start-Up at Fenix Offshore Gas Field
TotalEnergies announces the start of production from the Fenix gas field, located 60 km off the coast of Tierra del Fuego in Southern Argentina. The field is part of the Cuenca Marina Austral 1 (CMA-1) concession, where TotalEnergies holds a 37.5% operated interest. With a production capacity of 10 million cubic meters per day (70,000 boe/d), Fenix features a new unmanned platform connected to existing CMA-1 facilities.
The gas is processed onshore at the Río Cullen and Cañadon Alfa facilities. Fenix is characterized as a low cost, low emissions development, with a carbon intensity of 9 kg CO2e/boe. The project was completed safely and ahead of schedule, just two years after the final investment decision. TotalEnergies, operating in Argentina since 1978, is the country's leading international gas producer, operating about 25% of production. The company's equity share of production averaged 88,000 barrels of oil equivalent per day in 2023.
TotalEnergies annuncia l'inizio della produzione dal campo di gas Fenix, situato a 60 km al largo della costa di Tierra del Fuego, nel sud dell'Argentina. Il campo fa parte della concessione Cuenca Marina Austral 1 (CMA-1), dove TotalEnergies detiene un interesse operativo del 37,5%. Con una capacità di produzione di 10 milioni di metri cubi al giorno (70.000 boe/d), Fenix presenta una nuova piattaforma non presidiata collegata alle strutture esistenti della CMA-1.
Il gas viene lavorato a terra presso gli impianti di Río Cullen e Cañadon Alfa. Fenix è caratterizzato come uno
TotalEnergies anuncia el inicio de la producción del campo de gas Fenix, ubicado a 60 km de la costa de Tierra del Fuego, en el sur de Argentina. El campo es parte de la concesión Cuenca Marina Austral 1 (CMA-1), donde TotalEnergies tiene un interés operativo del 37,5%. Con una capacidad de producción de 10 millones de metros cúbicos por día (70,000 boe/d), Fenix cuenta con una nueva plataforma no tripulada conectada a las instalaciones existentes de CMA-1.
El gas se procesa en tierra en las instalaciones de Río Cullen y Cañadon Alfa. Fenix se caracteriza por ser un desarrollo de bajo costo y bajas emisiones, con una intensidad de carbono de 9 kg CO2e/boe. El proyecto se completó de manera segura y adelantada, solo dos años después de la decisión final de inversión. TotalEnergies, que opera en Argentina desde 1978, es el principal productor internacional de gas del país, manejando aproximadamente el 25% de la producción. La participación de producción de la compañía promedió 88,000 barriles de petróleo equivalente por día en 2023.
TotalEnergies는 페닉스 가스전의 생산 시작을 발표하였습니다. 이 가스전은 아르헨티나 남부의 티에라 델 푸에고 해안에서 60km 떨어진 곳에 위치하고 있습니다. 이 가스전은 Cuenca Marina Austral 1 (CMA-1) 허가구역의 일부이며, TotalEnergies는 37.5%의 운영 지분을 보유하고 있습니다. 하루 1천만 세제곱미터의 생산 능력 (70,000 boe/d)을 가진 페닉스는 기존 CMA-1 시설에 연결된 무인 플랫폼을 특징으로 합니다.
가스는 리오 컬렌 및 카냐돈 알파 시설에서 육상 처리됩니다. 페닉스는 저비용 및 저배출 개발로 특징지어지며, 탄소 강도는 9 kg CO2e/boe입니다. 이 프로젝트는 안전하게, 그리고 일정보다 앞서 완료되었으며, 최종 투자 결정 후 단 2년 만에 이루어졌습니다. 1978년부터 아르헨티나에서 운영되고 있는 TotalEnergies는 이 나라의 주요 국제 가스 생산업체로, 전체 생산의 약 25%를 차지하고 있습니다. 회사의 생산량 지분은 2023년 하루 평균 88,000 석유환산배럴에 달했습니다.
TotalEnergies annonce le début de la production du champ de gaz Fenix, situé à 60 km au large de la côte de la Terre de Feu, dans le sud de l'Argentine. Le champ fait partie de la concession Cuenca Marina Austral 1 (CMA-1), où TotalEnergies détient un intérêt opérationnel de 37,5%. Avec une capacité de production de 10 millions de mètres cubes par jour (70 000 boe/j), Fenix dispose d'une nouvelle plateforme non habitée connectée aux installations existantes de la CMA-1.
Le gaz est traité à terre dans les installations de Río Cullen et Cañadon Alfa. Fenix se caractérise comme un développement à faible coût et faibles émissions, avec une intensité carbone de 9 kg CO2e/boe. Le projet a été réalisé en toute sécurité et en avance sur le calendrier, seulement deux ans après la décision finale d'investissement. TotalEnergies, opérant en Argentine depuis 1978, est le principal producteur international de gaz du pays, gérant environ 25% de la production. La part de production de la société a atteint une moyenne de 88 000 barils d'équivalent pétrole par jour en 2023.
TotalEnergies gibt den Produktionsstart des Fenix-Gasfeldes bekannt, das 60 km vor der Küste von Feuerland im südlichen Argentinien liegt. Das Feld ist Teil der Konzession Cuenca Marina Austral 1 (CMA-1), in der TotalEnergies ein 37,5% operatives Interesse hält. Mit einer Produktionskapazität von 10 Millionen Kubikmetern pro Tag (70.000 boe/d) verfügt Fenix über eine neue unbemannt Plattform, die mit bestehenden CMA-1 Anlagen verbunden ist.
Das Gas wird an Land in den Anlagen Río Cullen und Cañadon Alfa verarbeitet. Fenix zeichnet sich durch eine kostengünstige und emissionsarme Entwicklung aus, mit einer Kohlenstoffintensität von 9 kg CO2e/boe. Das Projekt wurde sicher und vorzeitig abgeschlossen, nur zwei Jahre nach der endgültigen Investitionsentscheidung. TotalEnergies, das seit 1978 in Argentinien tätig ist, ist der führende internationale Gasproduzent des Landes und betreibt etwa 25% der Produktion. Der Unternehmensanteil der Produktion belief sich 2023 auf durchschnittlich 88.000 Barrel Öläquivalent pro Tag.
- Production start-up at Fenix gas field with 10 million cubic meters per day capacity
- Low cost and low emissions development with carbon intensity of 9 kg CO2e/boe
- Project completed ahead of schedule, only two years after final investment decision
- TotalEnergies is Argentina's leading international gas producer, operating 25% of production
- Company's equity share of production averaged 88,000 boe/d in 2023
- None.
The start-up of the Fenix gas field is a significant development for TotalEnergies' operations in Argentina. With a production capacity of
The Fenix gas field start-up strengthens TotalEnergies' position in Argentina's energy sector. As the country's leading international gas producer, responsible for
The Fenix gas field's carbon intensity of 9 kg CO2e/boe is impressively low, showcasing TotalEnergies' commitment to reducing environmental impact. This aligns with global efforts to transition to lower-emission energy sources. The use of an unmanned platform and existing infrastructure minimizes additional environmental disruption. However, it's important to consider the broader implications of continued fossil fuel extraction. While natural gas is often seen as a transition fuel, its long-term role in a low-carbon future remains debated. Investors should monitor how this project fits into TotalEnergies' overall strategy for adapting to climate change regulations and market shifts towards renewable energy sources.
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the start of production from the Fenix gas field, located 60 km off the coast of Tierra del Fuego in
The Fenix field is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies holds a
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 meters water depth and connected to the existing CMA-1 facilities. Gas produced at Fenix is sent through a 35-kilometer 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. Fenix is a low cost, low emissions development, with a carbon intensity of 9 kg CO2e/boe, leveraging on the existing infrastructure.
"The start-up of Fenix production safely and ahead of schedule, only two years after FID, demonstrates the capacity of our Company 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 Javier Rielo, Senior Vice President Americas, Exploration & Production at TotalEnergies. "With its low break-even and low carbon intensity, Fenix perfectly matches the Company's low-cost and low-emission strategy."
TotalEnergies in
TotalEnergies has been operating in
Through its Total Austral affiliate, it is the country’s leading international gas producer, operating some
In Tierra del Fuego, alongside partners Harbour Energy (
In Neuquen, the Company holds equity interests in five onshore blocks, spanning more than 235,000 net acres, all operated.
Across the country, TotalEnergies operates 3 wind farms and 1 solar plant, with an installed capacity of approximately 300 MW.
About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.
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