Perupetro reported that the company Altamesa Energy Canada received its qualification to be Petroperú’s operating partner in the joint exploitation of Block 192, the most important in the country. This qualification was key, since it will be the private firm that will assume all the investments.
In dialogue with La República, the president of Perupetro, Isabel Tafur Marín, pointed out that the positive rating of Altamesa took place in the last week of August, and that the assignment of contractual participation is currently being worked on.
“Petroperu has to work with us and confirm that it is ceding part of its stake in favor of Altamesa. Then, a new supreme decree has to come out where the transfer is approved and the signing of the contract is authorized”, explained the head of Perupetro.
Currently, Petroperú is the owner of explot 1-AB, in Loreto, where it develops some activities that do not directly involve its exploitation. According to the regulation, the decree that authorizes the partnership between the oil company and Altamesa must be published within 60 days of its positive qualification.
However, from Perupetro it is expected to have the process completed in the coming weeks, to the point that Block 192, considered the largest in Peru, would be producing crude again “in November, or at most the first or second week of December.”
Tafur clarified that, at the beginning, the deposit will have a minimum production because, like Block 8, it was found “abandoned to its fate, with closed wells and many stolen equipment.” However, it is not yet clear whether Perupetro or Petroperú will bear the losses.
“We still do not have a preview of that, because there are things to look at and value. I think that the entry of Altamesa will help us a lot”, highlighted Tafur.
Field has 127 million barrels
On February 28, 2023, Petroperú and Perupetro signed the license agreement for the exploitation of Block 192 for 30 years.
This deposit has estimated reserves of 127 million barrels and a field production of 12,000 per day.
Production from Block 192 will go to the New Talara Refinery.
It will also ensure the economic operation of the Northern Branch of the Peruvian Pipeline (ONP).
Source: Larepublica
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