Tag: Vaca Muerta

Wednesday, March 24th 2021 - 14:50 UTC
China-backed railway projects gain momentum in Chile and Argentina

The government of Chile Tuesday unveiled 15 brand new railway units made in China, with which the South American country intends to revamp its train service both for passengers and cargo.
Wednesday, March 3rd 2021 - 08:56 UTC
Argentina again forced to ramp LNG imports , as domestic gas production falls

Argentina forced to quickly ramp up LNG imports in the coming winter months to meet its heating season, as domestic gas production dwindles and Bolivian pipeline imports slow.
Friday, February 5th 2021 - 12:39 UTC
Argentine oil and gas activity picking up in Vaca Muerta shale deposits

$The number of frac stages in Vaca Muerta rose 39% to 662 in January from 477 in November$

Fracking activity in Vaca Muerta, Argentina shot up in January to its highest level in 17 months, according to the Argentine unit of Houston-based services company NCS Multistage.
Friday, October 23rd 2020 - 08:55 UTC
Argentina plans US$ 1,5bn subsidies to resurface Vaca Muerta output: “cheaper than importing LNG”

Argentina’s cash-strapped government says it can find US$ 5.1 billion to give to natural gas drillers in a bid to resurface the country’s Vaca Muerta shale patch and prevent a jump in imports of the fuel.
Friday, October 16th 2020 - 09:58 UTC
Argentina wants energy firms to invest US$ 5 billion to boost gas production

Argentina wants energy firms to invest some US$ 5 billion to boost hydrocarbon production and generate jobs in the country's prized Vaca Muerta shale play, as well as to bring in much-needed foreign currency.
Monday, August 31st 2020 - 09:48 UTC
Argentina determined to promote oil and gas production and exports

Argentina’s new energy secretary Dario Martinez plans to promote oil and natural gas production with a view to increasing exports as part of a strategy to pull the economy out of one of its worst crises on record.
Thursday, August 27th 2020 - 09:10 UTC
Argentina's shale deposits will take 12/18 months to recover pre Covid-19 activity

Argentina's Vaca Muerta shale patch will take 12-18 months to resume pre-Covid-19 activity because of lagging demand, according to Alejandro Monteiro, energy minister of Neuquen province.
Thursday, August 27th 2020 - 09:09 UTC
Is Argentina’s Shale Too Expensive To Drill?

By Irina Slav, Oilprice.com – 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 could guarantee a country’s energy independence and turn it into a relevant international supplier of oil and gas. But only if the price is right.
Monday, June 29th 2020 - 10:55 UTC
COVID-19 could crush Argentina’s shale boom

By Nick Cunningham of Oilprice.com – Holding some of the largest shale oil and gas reserves in the world, 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.
Saturday, January 25th 2020 - 09:34 UTC
Argentina's YPF returns successfully to money markets: issues US$ 164 million debt

Argentina’s state energy company YPF said it issued debt of US$ 164 million on Wednesday, in a result it said exceeded its expectation.