Can Argentina Finally Realize Its Oil Potential?
Argentina’s government is under significant pressure to bring the country’s oil industry back to life It is hoped that new reforms in the sector will bring in some much needed Continue Reading
Argentina Attempts To Revive Its Oil Boom
Argentina’s government has unveiled a bill to promote investment in oil and gas in the country with the ultimate goal to boost hydrocarbon production from its key shale play and Continue Reading
Brazil Discusses Gas Pipeline From Vaca Muerta Shale With Argentina
Brazil is in talks with Argentina about potentially building a $5-billion natural gas pipeline from the Argentinian Vaca Muerta shale play, Brazilian President Jair Bolsonaro said during his weekly live Continue Reading
Argentina’s YPF launching first shale oil pilot project in Mendoza
Highlights Pilot planned on two blocks Project seen opening new opportunities in shale play YPF also to invest in tertiary recovery YPF, the biggest oil producer and second for natural Continue Reading
Argentina’s Oil Industry Is Finally Bouncing Back
While the COVID-19 pandemic and 2020’s oil price collapse hit Argentina’s hydrocarbon sector hard, leading to some analysts to claim that it may never fully recover , there is evidence Continue Reading
Is There Still Hope For Argentina’s Struggling Shale Patch?
Argentina is working to boost its oil production as well as investing in shale as the Latin American oil and gas giant continues to focus on traditional energy. June ended Continue Reading
There Is Light At The End Of The Tunnel For Argentina’s Oil Industry
Protests and civil dissent are once again sweeping across Latin America, a region infamous for its political instability and economic inequality. While Colombia’s security crisis is threatening the strife-torn country’s Continue Reading
Huge potential, big hurdles for Argentina’s Vaca Muerta
Vaca Muerta, the biggest shale play in Argentina, is poised for growth in oil and natural gas production and exports as proposed legislation is expected to improve investment conditions, but Continue Reading
Argentina’s Pampa to start producing Vaca Muerta oil while boosting gas output
Pampa Energia, the fifth-biggest natural gas producer in Argentina, is taking its first steps to produce oil from the Vaca Muerta shale play while also stepping up gas output on Continue Reading
Argentina’s Vaca Muerta faces oil, gas production decline as protest hits sixth day: sources
Argentina’s oil and natural gas output could begin to fall in the next few days if protesting health workers and truckers continue to block access to fields in Vaca Muerta, Continue Reading
Argentina Mulls Oil Price Controls in Bill to Tap Shale Trove
Matias Kulfas Argentina’s government is pushing for long-term oil price controls as the South American nation runs out of time to unearth a shale trove in Patagonia. The idea of Continue Reading
Argentina’s Vaca Muerta fracking activity rises to record high in March
Fracking activity in Vaca Muerta, the biggest shale play in Argentina, rose 7% to 733 frac stages in March from the previous month, reaching the highest level on record as Continue Reading
Argentina’s YPF to invest $1.5 billion to ramp up Vaca Muerta output
Argentina’s YPF said March 19 that it plans to invest more than $1.5 billion this year to ramp up oil and natural gas production in the Vaca Muerta shale play, Continue Reading
Chile Could Save Argentina’s Shale Boom
Latin America just seems to be unable to synchronize its long-mooted upswing with global energy trends. Venezuela boasts the largest reserves on earth yet just as it starts to recover Continue Reading
Argentina’s Shale Boom Is Competing With The Best
The oil production decline that the Covid-19 pandemic brought to Argentina’s Vaca Muerta formation now seems like a distant memory. The reserve’s oil output has not only rebounded to pre-pandemic Continue Reading
Argentina’s Vaca Muerta fracking activity hits 17-month high in January
Fracking activity in Vaca Muerta, Argentina shot up in January to its highest level in 17 months, according to data released Feb. 3, as demand recovers from an eight-month lockdown Continue Reading
Argentina Struggles To Save Its Oil Boom
Argentina’s national state oil company YPF just cannot function in a stable and foreseeable manner, an apprehension that was rekindled by Guillermo Nielsen stepping down from his post of company Continue Reading
Will Argentina’s Vaca Muerta Shale Play Ever Recover?
Last year was tough for the global oil industry as the COVID-19 pandemic and an ongoing oil supply glut rocked petroleum-dependent emerging economies, notably in South America, to their core. Continue Reading
Fracking activity in Argentina’s Vaca Muerta surges in November
Fracking activity in Vaca Muerta shot up 58% month on month in November, reaching the highest level this year, according to data released Dec. 1, as Mexico’s Vista Oil & Continue Reading
Fuel for Thought: Argentina puts fresh focus on developing Vaca Muerta, but concerns abound
After a bout of financial turmoil in Argentina last month, the government has restored calm in the markets and turned its attention once again to the development of Vaca Muerta, Continue Reading
Argentina’s Huge Vaca Muerta Shale Could Become A Stranded Asset
Sharply weaker oil prices, growing threats to oil demand and the imminent arrival of peak oil demand could unleash a wave of stranded oil assets in South America. Among the Continue Reading
Argentina Is In Desperate Need Of An Oil Boom
The administration of Argentina’s President Alberto Fernández is growing increasingly desperate to restart the burgeoning oil boom which was underway before the COVID-19 pandemic hit. Argentina has been one of Continue Reading
Argentina To Subsidize Shale Gas Production With $5.1 Billion
Argentina will give subsidies of a total of US$5.1 billion to shale gas drillers in an attempt to revive production in its Vaca Muerta shale play and attract as much Continue Reading
Argentina Looks To Attract $5B Investment To Boost Shale Gas Production
Argentina unveiled this week a new plan for natural gas development, looking to attract US$5 billion in company investments to revitalize gas production in the Vaca Muerta shale play and Continue Reading
Argentine Economic Recovery Falters Amid Tighter Lockdown Rules
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Investors Are Pulling The Plug On Argentina’s Prized Shale Play
Much ink has been spilled about the downfall and dubious recovery of the United States shale oil sector. The West Texas Intermediate (WTI) crude benchmark’s dramatic rock bottom in April, Continue Reading
The Threat Of Oil Nationalism In Argentina
Latin America has a long history of resource nationalism, particularly when it comes to petroleum. Since the end of World War Two, this has acted as a significant deterrent for Continue Reading
Argentina’s YPF to redeploy rigs in Vaca Muerta on export potential: governor
Argentina’s state-backed energy company YPF plans to redeploy 46 rigs in the Vaca Muerta region over the next six months, helping to revive oil and natural gas output from the Continue Reading
Is Argentina’s Shale Too Expensive To Drill?
It is one of the most abundant shale plays in the world, with oil reserves of up to 16 billion barrels and gas reserves of 308 trillion cubic meters—resources that Continue Reading
ExxonMobil secures another long-term concession in Argentina’s Vaca Muerta
ExxonMobil has been awarded a 35-year concession for another block in Vaca Muerta, a massive shale play that has been driving the company’s growth in oil and natural gas production Continue Reading
Argentina Scrambles To Salvage Its Shale Boom
Only two years ago analysts were hailing Argentina’s emerging shale oil boom, which many believed would be the next major petroleum frontier in Latin America. The vast Vaca Muerta, or Continue Reading
What’s Going on Inside the Fearsome Thunderstorms of Córdoba Province?
Nesbitt, who is a professor at the University of Illinois at Urbana-Champaign, had dedicated much of the last 15 years to studying the freakish storms of this sleepy agricultural region. Continue Reading
Will Argentina’s Oil Industry Survive This Crisis?
Throughout the 2010s Argentina’s shale deposits were universally listed alongside the US shale gale, denoting the many similarities Vaca Muerta shares with Eagle Ford in particular and Texas’ shale deposits Continue Reading
Argentina’s Neuquen boosts crude exports in June as local demand falls
Highlights Province exported 19% of output in June Out of total exports, 60% went to the US Surge in exports comes as lockdown hurts local demand Buenos Aires — Producers Continue Reading
Argentina economic activity plunges record 26.4% in April amid pandemic
Argentina’s economic activity plunged 26.4% in April, the country’s official statistics agency said on Monday, the worst monthly fall on record as the country reeled from the impact of the Continue Reading
COVID-19 Could Crush Argentina’s Shale Boom
Argentina is often cited as the likely candidate for the next big shale boom, and Vaca Muerta is often described as having the potential to be South America’s Permian basin. Continue Reading
Argentina oil production may take years to recover despite $45/b reference price
Argentina’s move to set a $45/b domestic crude oil reference price this week has brought cheer to some oil producers, but analysts say it may take a couple of years Continue Reading
Exclusive: Argentina plans higher local oil price to protect sector amid rout – sources
Argentina plans to issue a decree setting a higher local oil barrel price to protect the domestic industry from being further decimated by a collapse in global prices and slumping Continue Reading
Argentina puts on hold policies for ramping up shale oil production
Argentina has put on hold policies and incentives for ramping up oil production from the Vaca Muerta shale play as a global glut of crude supplies curbs export opportunities, Production Continue Reading
Argentina eyes $45/b minimum crude to sustain production: draft proposal
Argentina is considering setting a minimum oil reference price at $45/b for local production, as much as $9/b less than some producers had requested, in a bid to revive output Continue Reading
Coronacrisis Is Killing Argentina’s Shale Oil Boom
Argentina’s Vaca Muerta shale is on life support just weeks after the meltdown in global crude oil prices. On Thursday, the regional news outlet in the Vaca Muerta, Rio Negro Continue Reading
Argentina’s Shale Boom On Hold As Oil Prices Collapse
Argentina’s state-held energy firm YPF slashed by 50 percent the oil production from its key development area in the vast Vaca Muerta shale play this week due to tumbling fuel Continue Reading
Vista bets on Vaca Muerta for 20% oil, gas production growth in 2020
Goal to reach 36,000-38,000 boe/d in December Vista’s wells are performing among best in the play Flexibility is key for handling volatility in Argentina Buenos Aires — Vista Oil & Continue Reading
Can Argentina Revitalize Its Oil Industry?
When Alberto Fernandez, Argentina’s new left-leaning president, entered into office December 10 the international markets were anxious to see whether the post-Macri era would result in an energy policy reversal, Continue Reading
Shell, Equinor buy Schlumberger’s stake in Vaca Muerta block
Shell and Equinor said Friday they have agreed to buy Schlumberger’s 49% stake in Bandurria Sur for $355 million, adding that they plan to increase their ownership of the shale Continue Reading
Equinor, Shell and Total vow to press on with projects in Vaca Muerta
Equinor, Shell and Total vowed to press on with projects in Vaca Muerta, even as policy uncertainty and price controls make it harder to plan investment in Argentina’s biggest shale Continue Reading
Oil union in Argentina’s Vaca Muerta play calls off strike
Highlights Companies halt plans to fire workers Unions, producers to sit down for further talks Agreement comes as government seeks to improve investment conditions Buenos Aires — An oil union Continue Reading
Argentina oil workers threaten to strike in Vaca Muerta over layoffs
A leading oil union in Neuquen, Argentina’s biggest oil basin, is threatening to go on strike if companies lay off even one worker, a situation that could hit crude and Continue Reading
Argentina president sees potential in conventional oil, gas, not just Vaca Muerta
Argentinian President Alberto Fernandez said he plans to encourage the development of conventional oil and natural gas reserves, not just the shale resources in the huge Vaca Muerta play. “There Continue Reading
Argentina faces big challenges to develop Vaca Muerta for export growth
Argentina is suffering growing pains as it seeks to become a major oil and natural gas exporter, a goal thought feasible thanks to huge shale resources, but which also requires Continue Reading