Oilstone Energía completed the purchase of oil areas in Neuquén from Geopark

The independent oil company took possession of the Aguada Baguales, El Porvenir and Puesto Touquet blocks, in the Neuquén Basin, which were owned by the GeoPark company.

ENERGÍA04/02/2022
Oilstone-baterias-2-1024x575

By Nicolas Gandini - Within the framework of a consistent business strategy of growth in the country, the independent oil company Oilstone Energía completed the acquisition of 100% of the exploitation concessions Aguada Baguales, El Porvenir and Puesto Touquet, in the Neuquén Basin, from the company GeoPark .

The operation was approved by the enforcement authority last Friday, January 21 and, on February 1, the company will proceed to take over these concessions.

With the addition of the new exploitation blocks, Oilstone will operate 15 hydrocarbon concessions in which it will have 100% of all areas with a total production of 500 m3/d of oil and 1 MMm3/d of natural gas. They are, together, about 10,000 barrels equivalent per day, with a team of 286 people of their own plus the hiring of service companies.

Oilstone will move its operating base currently located in the city of Plaza Huincul to the facilities of El Porvenir, located on the RN 22 at the height of Challacó, where the dispatch plant with direct access to the Oldelval Pipeline is also installed. In addition, this acquisition incorporates the gas pipeline that links Puesto Touquet with the gas conditioning and compression plant owned by Transportadora de Gas del Sur, located in Plaza Huincul.

Enlargement

"Conventional reservoirs still have a lot of production to contribute, to which we must dedicate technical, operational and economic resources to continue with the recovery of hydrocarbons. This is the reason why Oilstone continues to focus its operation on mature fields, with a geographical concentration that allows optimizing operating costs and obtaining greater efficiency, always prioritizing safety in its operations and care for the environment, "said the company through a statement.

Founded in 2010 in Argentina, Oilstone is an independent oil company for the exploitation and production of hydrocarbons. Oilstone operates 15 exploitation concessions covering an area of 3,000 km2 of the Neuquén Basin.

Econojournal

Te puede interesar
IMG_0806

El ocaso de la arena patagónica: por qué Vaca Muerta prioriza insumos de Entre Ríos y el exterior

NeuquenNews
ENERGÍA22/06/2025

La producción de Vaca Muerta no se detiene, pero uno de sus insumos esenciales atraviesa una transformación silenciosa: la arena patagónica pierde terreno frente a competidores de Entre Ríos y el exterior por su menor calidad técnica. El cambio reconfigura la cadena logística, impacta economías regionales y deja interrogantes ambientales y sociales sobre el modelo extractivo que se afianza.

Lo más visto
514911719_1071976148411494_1694242559060663405_n

Comunidades mapuche ocupan Casa de Gobierno por tiempo indeterminado: acusan al gobierno provincial de incumplimiento y burla

NeuquenNews
REGIONALES02/07/2025

Cuatro comunidades mapuche de la provincia –Ragilew Cárdenas, Kelv Kura, Fvta Xayen y Newen Kura– iniciaron una permanencia por tiempo indeterminado en el interior de la Casa de Gobierno de Neuquén capital. La decisión fue tomada tras la falta de cumplimiento del gobierno provincial a un compromiso firmado hace 290 días por el ministro de Gobierno, Jorge Tobares, que prometía la entrega de la personería jurídica a estas comunidades.