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Montevideo, October 31st 2020 - 23:21 UTC

Tag: Daniel Gonzalez

  • Wednesday, March 25th 2020 - 08:55 UTC

    YPF admits gasoline demand is down 70% and diesel 50%

    “The demand for gasoline is 70% below that of the previous days, diesel is closer to 50% and aviation fuel is down about 90%,” YPF chief Gonzalez said

    Argentine state-run oil company YPF has already seen a drop in energy consumption because of a nationwide mandatory quarantine over the coronavirus announced last Friday, a company executive said in an internal video obtained by La Nacion on Tuesday and confirmed by the company.

  • Friday, August 23rd 2019 - 09:40 UTC

    Norway's Equinor and YPF team up to explore Argentina offshore block

    Equinor’s executive vice president for Exploration, Tim Dodson, and YPF's CEO Daniel Gonzalez. (Equinor)

    Norway Equinor’s executive vice president for Exploration, Tim Dodson, and YPF's CEO Daniel Gonzalez have signed an agreement to jointly explore the CAN 100 offshore block, located in the North Argentine Basin.

  • Tuesday, October 30th 2018 - 08:45 UTC

    YPF plans US$ 4bn annual investment in oil and gas production

    YPF intends to invest US$ 3.6 billion on infrastructure in Vaca Muerta over the next five years, CEO Daniel Gonzalez said, with 1,700 wells drilled by 2023

    Argentina's state-controlled oil company, YPF, will significantly boost oil and gas production, investing between US$4 and US$ 5 billion per year through 2022, Chief Executive Daniel Gonzalez said. The plan is to raise production by between 5and 7% per year, with the largest increase in the Vaca Muerta formation, one of the world's largest reserves of shale oil and gas.

  • Wednesday, March 7th 2018 - 09:30 UTC

    YPF plans shale oil and gas production to increase 35% during 2018

    Gonzalez said YPF plans to drill 100 wells in 12 different areas of Vaca Muerta, after costs for horizontal wells fell to US$1,390 per lateral foot in the fourth quarter

    Argentina’s state-owned oil company YPF SA expects shale oil and gas production to grow 35% in 2018, as costs in the Vaca Muerta shale play continue to fall, Chief Financial Officer Daniel Gonzalez said. Still, declining production in mature fields means overall hydrocarbon output will fall 2 to 3% in 2018 after a 5.3% reduction in 2017, Chairman Miguel Gutierrez said.