Tag: Kent Robertson

• Friday, May 23rd 2014 - 23:50 UTC

  Argentina with 'Vaca Muerta' won the 'geological lottery': 305 meters-thick shale oil and gas

  

  Argentina has won the “geological lottery” with its 305 meters-thick Vaca Muerta shale oil and gas field in Patagonia, a spokesman for Chevron said on Thursday, as the U.S. energy giant increases its investments in the country. The company and state-owned oil firm YPF announced plans last month to invest an additional 1.6 billion to develop Vaca Muerta.