Total has signed an agreement with the authorities to extend the Aguada Pichana and San Roque concessions, located in Neuquén province in northwestern Patagonia, for a further ten years, from 2017 to 2027.

Total operates both concessions, with a 27.3% interest in Aguada Pichana and a 24.7% interest in San Roque. Thanks to continuous exploration operations, tying in satellite discoveries and gradually ramping up compressor capacity, plateau production was maintained at 870 million cubic feet per day of natural gas and 10,700 barrels per day of liquids in 2008.

The ten-year extension will enable Total Austral, the Group’s subsidiary in Argentina, to continue its oil and gas exploration, development and production operations over the long term in the Neuquén Basin.

Tags: Total