Argentina

1967

Petrofina comes back to Argentina

1978

CFP takes new licenses

1981

Wells drilled in Tierra del Fuego are promising

1988

Beginning of Ara's development

1989

Production of the Hidra field

1991

Total becomes operator of El Huemul field

1995-1996

The fields of SAN ROQUE and AGUADA PICHANA are put into production

1997

Total acquires ARGON

1999

TOTALFINA puts into production ARGO

2011

acquisition of numerous participations on several permits

2016

Total operates about 30% of the country's gas production

Total is present in Argentina since 1967.

 

Since 1967

  • 1967, Petrofina returns to Argentina after years of interruption due to the unilateral cancellation of oil contracts by the Argentine government.

  • In 1968, Petrofina and his partner Cadipsa resume their activities in Argentina on the El Valle deposit, with several new productive wells.

  • 1970, Petrofina sells its upstream interests in Argentina.

  • 1978, the CFP takes new licenses in Argentina.

  • 1979, the CFP signs a contract for the modernization of the La Plata refinery.

  • In 1981, wells drilled in Tierra del Fuego all show the presence of hydrocarbons.

  • 1982, Total discovers oil and gas indices in the southern Argentina license, which remain to be evaluated.

 

bureaux de Total
Offices of Total Austral, 1982

 

  • 1987, Total continues its work to better delimit or confirm the discoveries of Ara, Argo, Cantares, Carina and Pleyade. Launch of the development of the Hidra field.

  • 1988, Total starts the development of Ara.

  • 1989, Total enters the new license of Cuenca Austral Marina 1. The production of the Hidra field in Tierra del Fuego is inaugurated.

inauguration d'hidra
Inauguration of the Hidra field in the presence of Carlos Menem and François-Xavier Ortoli, 1989

 

  • 1990, Total starts production of the Canadon Alfa field after a unitization agreement with the Ara field.

Canadon
Aerial view of the Canadon Alfa site in Tierra del Fuego, 1994

 

  • 1991, the government gives Total 70% interest and the role of operator on the field of El Huemul.

champ El Huemul
Field of El Huemul in Patagonia, seen from a pendulum pump, 1994

 

  • 1993, Total enters two new concessions, Aguada Pichana and San Roque.

  • 1995, the field of San Roque is put in production.

  • 1996, the field of Aguada Pichana (gas) is put into production.

traiement de gaz
Field of Aguada Pichana, gas treatment, 1996

 

  • 1997, Total acquires Argon, a distributor of LPG.

  • In 1998, in the lubricants sector, Petrofina opens a representative office in Argentina.

  • In 1999, TotalFina starts producing the Argo field and commissiones LPG extraction facilities at Canadon Alpha (Argentina). TotalFina sells its stake in El Huemul field. LPG extractions start on the Cuenca Austral license. A compression train is attached to the Canadon Alfa plant. A new gas treatment unit is commissioned at the San Roque site.

  • 2000, Total signs an agreement for the acquisition of electric generation assets.

  • In 2001, developments in the Carina and Aries gas fields are launched. Both fields are off Tierra del Fuego. Total acquires 63.9% of Hidroneuquén, a company owning gas plants in Buenos Aires and Neuquén.

  • In 2002, the Rincon Chico XP101 exploration well drilled on the San Roque permit (TotalFinaElf operator 24.7%) is positive. The increase of 9.5 Mm3 / d (335 Mcf / d) to 11.5 Mm3 / d (406 Mcf / d) of the export capacity of the Aguada Pichana treatment center (TotalFinaElf operator 27, 3%) are completed. As a result of the Argentinean crisis, drilling of the Carina-Aries development wells (Offshore of Tierra del Fuego), launched in 2001, as well as various small projects in Tierra del Fuego and in the Neuquén region are postponed. Only the construction of the Carina-Aries offshore infrastructure is progressing normally.

  • 2003, on the field of Aguada Pichana (TOTAL operator 27.3%), the medium pressure compression unit starts and a new project of the same type is launched on the San Roque field (TOTAL operator 24.7%) so to maintain the production plateau on these two fields. On the development of Carina-Aries (offshore Tierra del Fuego operator 37.5%), launched in 2001, the construction of the project's offshore infrastructure continues. After the suspension of operations in 2002 (offshore drilling and construction of onshore facilities), because of the crisis in Argentina, the decision is made to restart the project for a production start planned in 2005.

  • 2004, the development project of Carina-Aries (offshore Tierra del Fuego, operator TOTAL, 37.5%) continues with the construction of onshore and offshore infrastructure (two uninhabited platforms located about 80 km from the coast). The drilling of the first Carina wells begins in late 2004. After the drilling of the Geminis (offshore Tierra del Fuego) well was unsuccessful, the CAA-35 exploration license is issued in December. TOTAL enters two new exploration blocks in the Neuquén basin: Ranquil Norte (TOTAL, 50.0%) and Bandurria (TOTAL, 27.3%).

 

champ Carina
Rig constellation II of the Carina field, 2004

 

  • 2005, production of the Carina field starts in June. On the Cañadon Alfa plant in the Austral Basin (37.5%), the project to install a fourth medium pressure compressor is launched to adapt to the Carina Aries flow rate the gas injection capacity of the Earth. Fire in the San Martin gas pipeline. TOTAL enters two new exploration blocks: Las Tacanas (50%, operator) and Chasquivil (50%, operator). The Group makes a discovery on the Aguada Pichana permit (Aguada Pichana Norte).

  • 2006, the production of the Aries field starts in January. TOTAL sells in November its 63.9% stake in Central Puerto S.A., a company that owns and operates gas-fired power plants in the Buenos Aires region and in the province of Neuquén. TOTAL also sells in December its 70% stake in Hidroneuquén, a company holding a 59% stake in Hidroeléctrica Piedra del Aguila (HPDA), which operates a hydroelectric dam located in the province of Neuquén.

  • 2009, in February, TOTAL signs with the Argentinian authorities an agreement for the extension of ten years (from 2017 to 2027) concessions Aguada Pichana and San Roque. In this context, 3D seismic is acquired at the end of 2009 in the Las Carceles canyon area, which allows exploration to continue on Aguada Pichana to the west of the already developed area.

  • In early 2011, TOTAL acquires interests in four licenses, located in the Neuquén Basin, to assess their shale gas potential. The Group acquires 42.5% of its interests in the licenses of Aguada de Castro and Pampa las Yeguas II, two licenses of which it will be the operator, and interests in the Cerro Las Minas (40%) and Cerro licenses. Partido (45%).

 

champ Las Caeceles
Las Caeceles c21 drilling field, near the Aguada Pichana field, Neuquén Basin, Patagonia

 

TOTAL starts a drilling campaign in the Neuquén Basin on its mining sector in order to evaluate the potential for shale gas and oil. This campaign, which starts with Aguada Pichana's licenses (27.3%, operator), is extended in 2012 and 2013 to all the blocks operated by the Group: San Roque (24.7%, operator), Rincón la Ceniza and La Escalonada (85%, operator), Aguada de Castro (42.5%, operator), Pampa de las Yeguas II (42.5%, operator) and blocks operated by third parties: Cerro Las Minas (40%). %), Cerro Partido (45%), Rincón de Aranda (45%) and Veta Escondida (45%).

 

champ de Rincon Chico
Rincon Chico field, near the field of Aguada San Roque, Neuquén Basin, Patagonia

 

  • 2016, TOTAL operates around 30% of the country's gas production. The Group's production stands at 78 kboe / d in 2016, compared to 72 kboe / d in 2015 and 75 kboe / d in 2014.

  • 2017, following the good results of the Aguada Pichana pilot and a reduction in drilling costs, the first phase of development of the unconventional giant formation of Vaca Muerta is launched. The Aguada Pichana Oeste block, TOTAL (25%) participates in the pilot that goes into production.

  • 2018, a second phase of development is launched on the block Aguada Pichana Este - Vaca Muerta in July. The wells of the first pilot on San Roque have been in production since July and the drilling of a second series of wells is starting.