Tag: VACA MUERTA

Vaca Muerta achieves record activity in 2024

The number of fracturing stages totaled 17,796 throughout 2024 in Vaca Muerta. This figure surpasses the previous record set in 2023 by 20.6%, which saw 14,747 fracturing stages

Argentina consolidates surplus in its energy trade balance

Argentina consolidated a surplus in its energy trade balance last November, driven by a significant increase in hydrocarbon exports and a drop in fuel imports, according to official sources

YPF, Shell sign agreement for LNG project

The agreement, signed in The Hague, Netherlands, establishes that Shell will join the project, with both parties committing to advance the development of the first phase of the Argentina LNG project

Vaca Muerta Sur: YPF and other oil companies approve its construction

The Argentine oil company YPF announced that its new partnership with three other oil companies has approved the construction of a pipeline for the export of unconventional oil extracted from Vaca Muerta Sur

Gov’t aims to tender key Vaca Muerta pipeline expansion “ASAP”

The Argentine government is seeking to tender the expansion of the ‘Perito Francisco Pascasio Moreno’ gas pipeline “as soon as possible” to transport an additional 14 million cubic meters of natural gas per day from Vaca Muerta to Buenos Aires Province

PAE requests to align LNG Project with new investment regime

The oil company Pan American Energy (PAE) has requested that its multi-million-dollar project to export liquefied natural gas (LNG), developed in partnership with the multinational Golar LNG, be included in the recently launched Incentive Regime for Large Investments (RIGI)

YPF sees output boost in 2025, focus on Vaca Muerta

Argentina’s state oil firm YPF, opens new tab expects to increase shale oil production by 30% to 40% next year, the company’s CEO Horacio Marin said

Argentina completes pipeline to deliver gas to the central-northern region, Brazil

Argentina inaugurated the reversal of the Gasoducto Norte pipeline, which will now supply northern and central Argentina as well as allow exports to Brazil from Vaca Muerta

Vista plans to reach 100,000 boe per day output by 2025

The company, led by Miguel Galuccio, will invest between $1.1 billion and $1.3 billion in 2025 to achieve this production level by connecting 60 new wells and will announce a new long-term strategic plan next year

YPF, Shell on track to sign an agreement to keep the mega LNG project alive

Argentina’s Chief of Staff, Guillermo Francos, mentioned that YPF will sign the agreement with one of the world’s largest companies, valued at $140 billion. The contract will span 20 years