TotalEnergies has commenced production at the Fenix gas field, located 60 km off the coast of Tierra del Fuego in Southern Argentina.
The Fenix field is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies holds a 37.5% operated interest, alongside its partners Harbour Energy (37.5%) and Pan American Energy (25%).
The Fenix field has a production capacity of 10 million cubic meters per day (mcm/d) or 70,000 barrels of oil equivalent per day (boe/d).
“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 VP 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,” Rielo added.
The development of Fenix field includes a new unmanned platform installed in 70 meters of water depth, connected to the existing CMA-1 facilities. The gas produced at Fenix is transported through a 35-kilometer subsea pipeline to the TotalEnergies-operated Véga Pléyade platform. It is then processed onshore at the Río Cullen and Cañadon Alfa facilities, both of which are also operated by the company.
It is also characterized by its low cost and low emissions, with a carbon intensity of 9 kg CO2e/boe, achieved by utilizing existing infrastructure.