Peru's August Natural Gas Output up 27.2%

Peru's August 2006 natural gas output reached 7.04 billion cubic feet (Bf3; 199 million cubic meters), up 27.2% year-on-year due to higher gas consumption by thermoelectric generation plants in the country, Peru's national society of mining, oil and energy SNMPE said in a statement.

Block 88, operated by Argentina's Pluspetrol, produced the largest amount of natural gas in August with an average of 144 million cubic feet a day (Mf3/d). Local firm Aguaytía Energy was next with average production of 45.4 Mf3/d followed by local company Petrotech Peruana with an average 18.6Mf3/d.

Total natural gas production in the first eight months of the year was 156Mf3/d, up 15.8% from the same period in 2005.

Total gas production in the eight-month period was 37.9Bf3, a 4.1% increase year-on-year.

LIQUID HYDROCARBONS PRODUCTION

Production of liquid hydrocarbons in August reached 122,200 barrels a day (b/d) for a total of 3.79 million barrels (Mb), up 6.5% year-on-year.

Pluspetrol produced a combined 84,000b/d from its blocks 88, 1-AB and 8, while Petrotech produced 14,700b/d from block Z-2B. The local subsidiary of Argentine firm Petrobras Energía produced 13,000b/d.

Total production of liquid hydrocarbon in the eight-month period averaged 115,400b/d, up 1.7% from the same period in 2005.

Total production for the period reached 28Mb.

Visit BNamericas to access our real-time news reports, 7-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.