Total Starts Production from Vega Pleyade, Argentina

Total has commenced production from the offshore Vega Pleyade gas and condensate field in the Tierra del Fuego region of Argentina.

The Vega Pleyade development consists of a wellhead platform in a water depth of 164 feet, which is tied back to the Total-operated Rio Cullen and Cañadon Alfa onshore treatment facilities. Operated by Total with a 37.5 percent interest, the project will have a production capacity of 10 million cubic meters of gas per day (70,000 barrels of oil equivalent per day). Wintershall Energia and Pan American Energy hold the remaining 37.5 percent and 25 percent interest, respectively.

Total President Exploration & Production Arnaud Breuillac commented in a company statement:

"Vega Pleyade is Total's second start up this year and will contribute to our production growth in 2016 and for the years to come.

“The project consists of the development of one of the largest offshore gas fields in Argentina and is the world's southern-most gas development. It will allow us to maintain the level of our operated production in Tierra del Fuego at around 18 million cubic meters per day (130,000 boepd) and to contribute to the long-term delivery of gas to Argentina."

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