The consortium involving Gazprom EP International has finally brought in a gas well identified as ICS-5 (Incahuasi 5) in the Incahuasi field, Bolivia (Ipati Area). First gas from the well arrived at the Incahuasi Central Processing Facility (CPF) on 8 November 2021.
On 26 November 2021, Franklin Molina, Bolivia’s Minister of Hydrocarbons and Energies, and Wilson Zelaya, President of Yacimientos Petroliferos Fiscales Bolivianos (YPFB), inaugurated the new well.
ICS-5 was connected to the CPF six weeks ahead of schedule. The 5,040 meter-deep well is expected to produce up to 2 million cubic meters of gas per day (MMcmd). The gas from the field both sells domestically and is exported to Brazil and Argentina. Being in use, Incahuasi 5 will not only optimize field performance but also will greatly help YPFB fulfill its export obligations.
Ipati and Aquio are license blocks in southern Bolivia. Their initial recoverable reserves of gas are estimated at 37.4 BCM and those of condensate, at 4.8 million tons. Brought on stream on 1 August 2016, the Incahuasi-Aquio field currently produces up to 11 MMcmd of gas and almost 1.2 thousand tons of condensate. Since inception, the project has produced a total of more than 14.5 billion cubic meters of gas and more than 1.6 million tons of condensate. The field has a flowline system, production management facilities, an 11 MMcmd CPF, a 103 km-long pipeline transmitting production to the tie-in to YPFB's transport system, and a 16 km-long condensate pipeline.