ExxonMobil betting heavily in developing Argentina's Vaca Muerta shale gas

Saturday, April 22nd 2017 - 09:15 UTC

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ExxonMobil is planning to speed up investment plans for shale gas drilling in Argentina’s prized Vaca Muerta formation in the Neuquen province. Exxon will start drilling Vaca Muerta in May, by drilling horizontal wells with laterals of 2,500-3,000 meters, Neuquen province governor Omar Gutierrez said this week. Read full article

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golfcronie
It is very costly to extract the gas from the shale, I would not consider a few billion a lot of money.
Apr 22nd, 2017 - 04:44 pm - Link - Report abuse 0
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