Vaca muerta productions. Vaca Muerta operators are boosting production.

Vaca muerta productions. Vaca Muerta operators are boosting production.

Vaca muerta productions. Dec. [6] Dec 27, 2022 · Argentina's booming shale production in Vaca Muerta, a formation that rivals the United States' Permian Basin, is at risk of running out of road as infrastructure to handle the oil and gas nears Oct 4, 2021 · The most prolific shale is the Vaca Muerta formation. Jan 31, 2018 · VACA MUERTA RISING: Building Unconventional Production From the Ground Up in Argentina YPF has followed an unconventional path up the learning curve to develop the Vaca Muerta, which could be the first big ultratight play developed outside North America. 27. Sep 13, 2024 · Vaca Muerta potential Production from the Vaca Muerta is expected to reach around 1 MMbbl/d over the mid- to long-term compared to less than 400,000 bbl/d now, Pluspetrol Country Manager Julian Escuder said during the event. The field consists of various blocks owned and operated by Yacimientos Petrolíferos Fiscales Sociedad Anónima (YPF), Argentina’s state-owned oil and gas company. 20 hours ago · GeoPark closed its Vaca Muerta acquisition with full approvals for $115 million, executed deeds, began operatorship of two blocks, and transferred 5% WI to GyP. Oct 7, 2025 · Eni and YPF in June signed an accord to cooperate on the development of gas resources from the Vaca Muerta field. Argentina's Vaca Muerta shale play posted significant first-quarter gains in 2025, building on last year's strong performance, with oil output surging 26% and gas production rising 16% year-on-year, according to Rystad Energy estimates. From May 8, 2025 · Meanwhile, the Organization of the Petroleum Exporting Countries (OPEC+) announced its eight member countries would hike production, which could mean a bigger drop in prices. S Current oil output 300,000 b/d, gas at 2 Bcf/d Regulatory environment remains an issue Hopes with production growth with new president Argentina has the potential to quintuple its current oil output a Nov 29, 2024 · SANTIAGO, Nov 29 (Reuters) - Argentina's massive Vaca Muerta shale formation produced a record 400,000 barrels per day (bpd) of oil in the third quarter, consultancy Rystad said on Friday. But development of Vaca Muerta has been slow by Sep 23, 2024 · The immediate beneficiary of the RIGI fiscal regime will be YPF’s $2. Oct 23, 2024 · In a remote, scrubby stretch of Patagonian desert, Argentina’s future as a major energy exporter is taking shape. 3 billion in the Vaca Muerta formation in 2025, with a focus on infrastructure enhancements and drilled but uncompleted wells. Dec 3, 2024 · Argentina’s Vaca Muerta shale play achieved a new milestone in oil production, reaching 400,000 barrels per day (bpd) in the third quarter of 2024, according to the latest analysis by Rystad Energy. Oct 7, 2025 · As production flattens and costs rise, the destiny of Vaca Muerta, and Argentina’s broader energy ambitions, may be determined by Milei’s ability to strike a balance between fiscal discipline Jun 17, 2025 · Soaring oil and gas production from Argentina's Vaca Muerta shale formation in the first quarter of 2025 is fueling the nation's push for energy self-sufficiency and ambitious plans to become an important liquefied natural gas exporter, Rystad Energy analysts said on Tuesday. The shale field, spanning 7. Dec 10, 2024 · Crude oil and natural gas production in Argentina are both nearing record highs, driven by increasing output from Vaca Muerta shale formation, which is offsetting declining output from Argentina’s Vaca Muerta—Spanish for “dead cow”— formation shows potential for increasing global supply. The 35% y/y surge in third-quarter production was driven by improved productivity and expanded takeaway capacity, led by flagship operator Yacimientos Petrolíferos Fiscales (YPF) and bolstered Aug 18, 2025 · Argentina has emerged as South America’s third-largest oil producer as YPF’s development of the Vaca Muerta shale drives record-breaking growth in production, reserves, and exports. From about 70,000 bpd of production in early 2019, and an inevitable flat patch in the Covid year of 2020, it has fountained to 400,000 bpd in the third quarter of last year. At that time, Eni said the deal would cover production, treatment, transportation and liquefaction of gas through floating units for a total capacity of 12 million metric tons per year (MMtpy). Feb 11, 2021 · "The oil production decline that the COVID-19 pandemic brought to Argentina's Vaca Muerta formation now seems like a distant memory," Artem Abramov, Rystad's head of shale research wrote in a Apr 12, 2022 · Vaca Muerta is one of the world’s biggest shale deposits, and the extraction costs have dropped close to the levels in comparative formations in the United States. This means increased export production from Vaca Muerta and similar sites around the world could help reduce the intensity of global greenhouse-gas emissions and increase the supply of affordable and reliable oil as the industry transitions. Despite record natural gas production at Vaca Muerta, Argentina has struggled to attain energy self-sufficiency, in large part due to insufficient domestic pipeline capacity. Argentina's shale oil production currently is around 400,000 barrels per day. The vaca muerta once considered too tight to produce viable oil has awaken interest by numerous important oil and gas companies which have Mar 7, 2025 · In 2024, Argentina's state-owned oil and gas company YPF strengthened its leadership in the Vaca Muerta shale play, achieving significant growth in production, exports, and unconventional oil reserves. 2021) — Argentina’s Vaca Muerta shale play, having registered strong growth in oil and gas production and well activity levels in recent months, has emerged as the world’s fastest growing major shale basin, a Rystad Energy report shows. Oct 25, 2024 · Vaca Muerta, Argentina’s massive shale basin, is driving a shale boom, with oil production rising from 90,000 bpd to nearly 400,000 bpd. Nov 21, 2024 · Natural gas production is booming in Argentina’s vast Vaca Muerta shale lands, but full pipelines and the government's free-market approach to paying for new ones may prevent the country from In August 2024, Vaca Muerta’s production was 403 thousand barrels per day of oil and 83 million m3 of gas, which represents more than half of Argentina’s total hydrocarbon production and a year-on-year growth of 35% and 22%, respectively. Mar 19, 2025 · YPF announced that it projects reaching an average of 200,000 barrels per day of production in Vaca Muerta by the end of 2025. Jan 21, 2025 · MAXIMIZING RECOVERY IN COLOMBIA, POSITIVE APPRAISAL RESULTS AND FIRST EXPLORATION WELL DRILLED IN PUTUMAYO VACA MUERTA DELIVERS STRONG PRODUCTION RESULTS GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent energy company with over 20 years of successful operations across Latin America, announces its operational update for the three-month period ended Sep 4, 2024 · Production in Argentina's Vaca Muerta, the largest shale basin outside North America, continues to rise, and one independent sees decades of growth to come. Sep 8, 2018 · According to a top executive of Exxonmobil, the U. Today, after years of productivity improvements, including importing best practices, the average Tecpetrol sets a new shale gas production record in Vaca Muerta, reaching 24 million m³/day and showcasing its operational excellence. Jan 15, 2024 · If the potential threefold increase in Vaca Muerta oil and gas production turns into reality in coming years, there would be a gigantic additional release of greenhouse gasses into the atmosphere. That, as production nears record highs, driven by the prolific Vaca Muerta shale formation. Jan 22, 2025 · Vista Energy's robust management and strategic acquisitions have driven significant production growth in the Argentine Vaca Muerta basin since its inception in 2017. Sep 10, 2025 · Chevron plans to increase its oil production in Argentina’s shale play Vaca Muerta to about 30,000 barrels per day (bpd) by the end of the year, from around 25,000 bpd now, Ana Moneto, the U. Dec 10, 2019 · All production from the Vaca Muerta unconventional reservoirs was used locally until recently, but production has been increasing enough that, in June 2019, two cargoes from the formation, one of light oil, the other of liquefied natural gas, were exported, foreshadowing what officials say will be a steady flow of shipments by the end of the year. Latest Vaca Muerta oil production data, analysis and forecasting. The basin sits on top of a Devonian – Late Triassic metamorphic and plutonic basement [1]. In 2019, our research concluded that Vaca Muerta’s geological properties were comparable to the main formations in the United States, and that it was a promising site for development. Feb 27, 2023 · Workers in the geological formation known as Vaca Muerta are building a 356-mile pipeline that will carry natural gas from remote northern Patagonia to Argentina’s cities and industry centers in NEUQUÉN VACA MUERTA PRODUCTION DATA ANALYTICS: IMPACT OF GEOLOGY AND WELL COMPLETION DESIGN PARAMETERS ON WELL PRODUCTION Peter Zannitto1, Hugh Grier1, Hugo Aguirre2, Jack Trueblood1, David Delgado2, Wasim Nasir3, Dec 26, 2023 · The Vaca Muerta deposit generated positive results In October, the province of Neuquén achieved a historic milestone in oil production, reaching 354,156 barrels per day, which represents an increase of approximately 5. 0 billion cubic feet per day (Bcf/d) in December 2018. The launch of additional capacity in March or April on a major oil pipeline is expected to accelerate production in Vaca Muerta, the biggest shale play in Argentina, by around 30% this year as producers step up drilling to fill the new capacity, experts said Feb. Apr 11, 2018 · Vaca Muerta often has been compared to the Eagle Ford Shale, featuring similar geologic properties in terms of depth, thickness, pressure and mineral composition, according to the EIA. Dry gas production peaked above 2. It is well known as the host rock for major deposits of shale oil and shale gas. A team of 10, working in September in a corner of the vast Vaca Muerta shale Feb 7, 2024 · Finally, the review anticipates future technological and policy developments. From 2023 to 2024, production rose 27%, with gas production increasing 20%. Development of the Neuquén Basin began with Late Triassic rifting and continued through its current “Andean” configuration. Jul 12, 2019 · Argentina’s domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the Neuquén Basin’s Vaca Muerta shale and tight gas play. Sep 13, 2023 · Shell plans to increase its oil production by 5,000 barrels per day (bpd) in Argentina's Vaca Muerta shale formation to 50,000 bpd by the end of the year despite limitations on investment, its . Jan 13, 2024 · Argentina's oil and natural gas production, particularly from the Vaca Muerta shale formation, is surging and becoming a key economic driver. But, despite Vaca Muerta's great production potential, a lot will rely on infrastructure investments, given that the current lack of evacuation capacity represents a concrete limit to productive growth. Chevron and Shell have backed a new crude pipeline project that aims to boost takeaway capacity—and exports—of Vaca Muerta oil. This growth is shifting Argentina away from its historical dependence on gas imports, pushing the nation closer to energy self-sufficiency. Jun 17, 2025 · Soaring oil and gas production from Argentina's Vaca Muerta shale formation in the first quarter of 2025 is fueling the nation's push for energy self-sufficiency and ambitious plans to become an 2 days ago · Colombian oil company GeoPark announced this week its plans to make a significant investment and operational agreement for the Vaca Muerta unconventional hydrocarbon reserve in Argentine Patagonia. The Vaca Muerta Formation is the first economical unconventional self-sourced play outside North America; it produces from multiple fluid windows (Figure 3) and requires horizontal drilling and hydraulic-fracture Sep 20, 2025 · Vaca Muerta overtakes agriculture – and it will finance Argentina’s future The political weight of the oil industry is surging. Between 2014 and 2024, the Vaca Muerta’s oil production expanded tenfold, soaring from an estimated 45,000 barrels of oil per day to 453,000 barrels daily for December 2024. The 35% year-on-year surge in third-quarter production was driven by improved productivity and expanded takeaway capacity, led by flagship operator Yacimientos Petrolíferos The Vaca Muerta field, located in Argentina, reached a new record in oil production in the third quarter of 2024, with an average of 400,000 barrels per day (bpd). LA FORMACIÓN VACA MUERTA La Formación Vaca Muerta (Weaver 1931) es una de las principales rocas generadoras de la cuenca Neuquina (Figura 1) y su desarrollo tuvo lugar durante una marcada inundación marina bajo condiciones de fondo restringido y anóxico, favorables para la acumulación y preservación de la materia orgánica. Mar 12, 2025 · Argentina's Vaca Muerta shale formation has seen a tenfold increase in oil production, making the country South America's third-largest oil producer. May 1, 2025 · Argentina’s Vaca Muerta shale formation: a game-changer in the making Dissecting Y-P-F: $45/bbl resilience, portfolio management and upstream snapshot Vista says research on seismic activity in Vaca Muerta inconclusive Argentina’s Vaca Muerta anchors record production Enter RIGI, a key component for Vaca Muerta to reach its full potential. Oct 31, 2024 · Exxon has sold its Vaca Muerta shale assets in Argentina, including five blocks and a stake in a pipeline operator, to Pluspetrol. Dec 24, 2024 · The US Energy Information Administration has reported that crude oil and natural gas production in Argentina are both nearing record highs, driven by increasing output from the Vaca Muerta shale formation, which is offsetting declining output from conventional oil and natural gas fields. This goal is based on the expansion of transportation infrastructure and the strengthening of the export market, with Chile as one of the main destinations for the crude extracted in Neuquén. We have seen production grow year-over-year at a swift pace. 3 billion investment in Vaca Muerta in 2025, focusing on oil production and expanding crude transportation capacity. Dec 5, 2024 · Crude oil and natural gas production in Argentina are both nearing record highs, driven by increasing output from the Vaca Muerta shale formation, which is offsetting declining output from conventional oil and natural gas fields. oil and gas company that kick-started the non-conventional hydrocarbons business in Argentina, once Vaca Muerta is running at peak production, the United States and Argentina will together account for 30% of the world’s gas production. 39% compared to the previous record recorded in September of this year. Businessmen, governors and lawmakers all agree that shale deposits will be a major factor in economic stability, with Feb 27, 2024 · Vaca Muerta wells demonstrate exceptional performance, surpassing even world-class US shale plays, given the outstanding quality of the shale and its remarkable capacity to yield hydrocarbons after effective stimulation. Nov 23, 2024 · The Vaca Muerta shale formation in Argentina's Neuquén Basin isn't just another oil and gas formation, it's the crown jewel of the South American country's energy future. “At US$60 [a barrel], in Vaca Muerta, we make money and we make good money. 22 billion barrels of oil [8]. Another Chevron subsidiary participates in the Loma Campana and Narambuena concessions, covering 73,000 net acres (295 km 2) in Vaca Muerta, according to Chevron’s website. ” Mar 24, 2025 · Chevron Argentina SRL owns and operates one concession covering 111,000 acres (450 km 2) with both conventional production and Vaca Muerta Shale potential. Nov. The Vaca Muerta Formation is a late Jurassic through Early Cretaceous mudstone deposited within the Neuquén Basin, Argentina. 4% decrease year-on-year. The company, however, made its projections for the year with a barrel at US Nov 8, 2024 · Vaca Muerta is the world's second-largest shale gas reserve and fourth-largest shale oil reserve. 2024) — Argentina’s crude oil and natural gas sectors are experiencing a historic surge. Oleoductos del Valle, the operator of that pipeline, is more than doubling the system's capacity to 540,000 b/d, making it Nov 21, 2024 · The Vaca Muerta Gas-export Plan is a Pipe Dream (Reuters, 21. Vaca Muerta’s geologic properties have been compared to the Eagle Ford play near the Gulf of Mexico in Texas in terms of its depth, thickness, pressure, and mineral composition. 5 billion, 440-kilometer Vaca Muerta Sur oil pipeline, which will transport 700,000 barrels per day (bpd) of oil from the Vaca Muerta to the remote port of Punta Colorada. Feb 17, 2021 · Oil production across the Vaca Muerta shale prospect in Argentina is booming, now surpassing pre-pandemic levels and on track to increase further by the end of 2021. 5 million b/d by 2030, with up to 1 million b/d earmarked for exports. Sep 8, 2023 · Crude oil production from Argentina’s burgeoning shale patch, Vaca Muerta, could surge in the coming years and top 1 million barrels per day (bpd) by the end of the decade – but only if takeaway capacity and rig availability do not limit growth. The objective of this paper is to present geological and reservoir characterization, drilling and production strategies, as well as historical performance and economics of Vaca Muerta. Nov 29, 2024 · Argentina's massive Vaca Muerta shale formation produced a record 400,000 barrels per day (bpd) of oil in the third quarter, consultancy Rystad said on Friday. The unconventional oil and gas formation, mostly located in Neuquén Province in the west of the country, hit record oil-production levels in December totalling 124,000 barrels per day (bpd), according to research group Rystad Nevertheless, the unconventional exploration and production in the Neuquén Basin is in its infancy, and the main unconventional target is the Vaca Muerta Formation (Late Jurassic). Mar 13, 2025 · Since then, Argentina’s hydrocarbon reserves and production have grown prodigiously. This production represents a 26 percent increase year-over-year, highlighting the formation’s growing importance to Argentina’s energy sector. 5 billion cubic feet per day (Bcfd Nov 29, 2024 · Argentina’s Vaca Muerta shale play reached a new oil production record of 400,000 barrels per day (bpd) in the third quarter and is on track to hit 1 million bpd by 2030, according to Rystad Energy’s latest analysis. 4 days ago · The Argentina LNG project is an extensive development of the Vaca Muerta gas field, focusing on both upstream and midstream operations. The figure is a 35% year-on-year surge in production thanks to improved productivity and evacuation capacity, putting the formation on track to hit its target of 1 million bpd by 2030, the report said Jul 25, 2025 · Current production from Vaca Muerta accounts for 58 percent of Argentina’s total oil output, with the formation producing approximately 447,000 barrels per day as of March 2025. From the Early Jurassic through the Late Natural Gas Production: A Slight Decline with Positive Trends in Vaca Muerta Argentina’s natural gas production averaged 136,721 cubic meters per day in April 2025, reflecting a 2. Oct 9, 2024 · Hydrocarbon production reached a 20-year high in the first seven months of 2024, driven by output at the Vaca Muerta unconventional fields. This spurred forecasts at the conference that Vaca Muerta could help nearly double Argentina’s oil production to 1 million b/d by 2026, allowing exports to surpass 500,000 b/d by then, up from less than 100,000 b/d now. 5 million acres and four provinces - Neuquén, Mendoza, Río Negro and La The Vaca Muerta Formation, commonly known as Vaca Muerta (Spanish for dead cow), is a geologic formation of Late Jurassic to Early Cretaceous age, located in the Neuquén Basin in northern Patagonia, Argentina. The increase in production within the unconventional formation will be Jun 6, 2023 · Argentina's Vaca Muerta oil field is set to achieve an impressive 1 million barrels per day production by 2030, as projected by Rystad Energy. Nov 29, 2024 · Argentina’s Vaca Muerta shale play reached a new oil production record of 400 000 bpd in the third quarter and is on track to hit 1 million bpd by 2030, according to Rystad Energy’s latest analysis. The shale formation currently accounts for around 55% of Argentina’s oil supply. Dry shale gas production projects will be eligible for RIGI. Similarly, the number of Dec 1, 2024 · Argentina’s Vaca Muerta shale play reached a new oil production record of 400,000 barrels per day in the third quarter and is on track to hit 1 million bpd by 2030, according to Rystad Energy May 22, 2025 · Argentina's Vaca Muerta shale play has led to a record surge in oil and natural gas production, challenging established leaders in South America. Vaca Muerta, as of 2024, represented about 55% of the total oil production in Argentina, with total gas production reaching similar levels. Oct 25, 2024 · Exports Powerhouse Vaca Muerta is vital to Argentina’s plans to become a significant oil and gas exporter at a time when supply concerns about exports from other regions, most notably the Middle East and Russia, are upending global trade flows. Oct 23, 2024 · "Vaca Muerta can provide 2 million barrels per day without any problem," Sureda added. 8% month-over-month increase, reaching 69,325 cubic meters daily. Apr 1, 2025 · YPF plans a $3. A record number of wells were completed and put on production (POP), propelling the play’s oil and gas output to new highs in July and Logistical Challenges For years, insufficient transportation infrastructure held back oil and gas development in Vaca Muerta. Dec 6, 2024 · RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 6. Oil production surged by 27% and gas by 23% compared to 2023, with crude output reaching 442,000 barrels per day (bpd) by year-end. Despite recent declines in drilling activity due Dec 3, 2024 · Argentina’s Vaca Muerta shale play reached a new oil production record of 400,000 barrels per day in the third quarter and is on track to hit one million barrels per day by 2030, according to Sep 29, 2021 · (Rystad, 29. Although developing the oil and gas industry has been a policy priority for recent governments and administrations, President Javier Milei’s liberalisation policies ANELO, Argentina, Oct 23 (Reuters) – Argentina’s new market-friendly government and fears about oil supply from the Middle East and elsewhere are driving a drilling and production boom in Argentina’s Patagonian south, home to the giant Vaca Muerta shale formation, Spanish for “Dead Cow. Although the two may have similar geologic properties, the EIA said the production history in the Eagle Ford will likely be difficult for Argentina to replicate. The strategic importance of the Vaca Muerta formation in the global energy sector is underscored, and its potential role in shaping future hydrocarbon exploration and production strategies is examined. Feb 3, 2025 · He is friendly with Donald Trump, another pro-oil president, and the Vaca Muerta’s progress now resembles that of some of its US cousins. Vaca Muerta, a vast unconventional oil reserve, is pivotal for Argentina to cut costly imports and bolster its economy Like some of its U. Unconventional production (hydraulic fracturing, or fracking) would boost the country’s economy, ultimately creating a lucrative export market. 6 billion through the end of next year to develop oil production at the sweeping Vaca Muerta shale formation in Argentina, the firm said on Tuesday. Jun 18, 2025 · Argentina’s Vaca Muerta shale play is driving significant oil and gas production growth, positioning the country for energy self-sufficiency and the potential to become a major LNG exporter. Sep 9, 2024 · Discover how Vaca Muerta Shale is fueling Argentina's economic resurgence with a surge in natural gas production and new investments in energy infrastructure. Feb 10, 2017 · Argentina’s Vaca Muerta formation within the Neuquen Basin has an estimated 308 Tcf of technically recoverable shale gas resources. Feb 12, 2025 · Vaca Muerta, Argentina’s premier shale play, experienced substantial growth in oil and gas production in 2024, driving increased export revenues and setting the stage for future LNG exports. May 14, 2025 · Vaca Muerta has been in the spotlight for many, not only in the country but also outside. The Vaca Muerta basin's Nov 13, 2024 · The Argentinian oil and gas company YPF expects to raise its shale oil production in Argentina by 30% to 40% in 2025, especially in the Vaca Muerta formation, estimated to be the fourth largest shale reserve in the world (and the world's second largest shale gas reserve). shale peers, Vaca Muerta’s formation is thick with stacked intervals, creating decades of high-quality drilling inventory. Today with the technological development the Vaca Muerta has become a potential productive unconventional play [8]. Vaca Muerta operators are boosting production. Oct 21, 2022 · Perhaps more important, Vaca Muerta’s oil carbon intensity falls well below the global average. Sep. The company already raised significantly its unconventional oil production in the third quarter of 2024 to 126 kb/d (+11% Mar 31, 2025 · Industry-wide, Vaca Muerta production is projected to reach 1. Since the play shares many geological May 13, 2025 · Pampa Energia expects to spend around $1. Jan 20, 2025 · Oil producers are pumping record levels from Argentina’s Vaca Muerta shale. Dec 13, 2018 · Production The Vaca Muerta formation is a petroliferous formation, with recoverable reserves estimated at 16. ” Marin claimed. However, Vaca Muerta’s gas output saw a 3. While most of the production to date has been focused on oil weighted wells, the play spans different hydrocarbon windows, creating opportunity for both oil and gas production depending on commodity pricing. In the flat, arid terrain, the production of Nov 11, 2024 · YPF anticipates an increase in shale oil production by 30% to 40% for the coming year with investments in the Vaca Muerta formation. Oct 7, 2025 · The huge Vaca Muerta formation in western Argentina accounts for 64% of the country's oil production even though only 8% of it is under development. Executive Summary Vaca Muerta, Argentina’s vast oil and gas reserve in Patagonia, has been seen as the silver bullet to solve the country’s economic and energy problems for the past few years. 20 hours ago · At the core of that ambition lies Vaca Muerta, the country’s most important energy asset and one of the world’s largest shale formations. With a record energy export surplus and rising, the Vaca Muerta formation is shaping up to be the country’s main source of foreign currency. In Argentina and elsewhere, economic reliance on the hydrocarbon industry has been somewhat of a path-dependent curse. The increase helped to reverse the energy sector’s continuing trade deficit since 2011. S. YPF has entered partnerships with various companies, including Total, Shell Apr 3, 2025 · YPF plans to invest $3. YPF is leading activity there in hopes of turning the country into a major energy exporter. A modern well's typical one-year cumulative oil production in Vaca Muerta is approximately 30 barrels per foot. 2024) — Natural gas production is booming in Argentina’s vast Vaca Muerta shale lands, but full pipelines and the government’s free-market approach to paying for new ones may prevent the country from becoming a major gas exporter by early next decade. Oct 23, 2024 · Argentina's new, market-friendly government, and concerns about oil supplies from the Middle East, and elsewhere, are driving a boom in drilling and production in the Patagonian South, which is home to the giant Vaca Muerta shale, Spanish for "Dead Cow". Production from Vaca Muerta surpassed 1. This unconventional hydrocarbon boom is proving to be a critical driver in stabilizing Argentina’s crisis-hit economy. The word petroleum as used in this paper includes oil, natural gas, and natural gas liquids. Imported rigs and frac fleets contracted by the sole purpose vehicle (SPV) tied to the RIGI Jun 14, 2020 · Vaca Muerta is a giant oil and gas field, encompassing conventional and unconventional resources, located in the Neuquen Province of Argentina. Enverus Prism provides essential up-to-date basin maps, rig counts, oil lease data, drilling and well production information for energy traders, financiers and E&P operators. May 23, 2025 · Argentina is experiencing a remarkable surge in oil and natural gas production thanks to the exploitation of the vast Vaca Muerta shale formation in the country’s central southwest. sdi lmewvdt 1fce j9cn hagw jzz3 fhbmng hk6v5 bjpky ippieq