Tag: Vaca Muerta

Friday, February 8th 2019 - 10:13 UTC
Vaca Muerta shale oil production soared 52% and gas 193%, during 2018

Vaca Muerta, the biggest shale play in Argentina, led a year-on-year increase in oil and natural gas production in 2018 in Neuquen, as more companies bet on the resources for growth in the southwestern province.
Thursday, December 20th 2018 - 18:24 UTC
Mapuche leaders indicted for trespassing at Vaca Muerta

The Office of Neuquén's Chief Prosecutor Wednesday filed charges against businessman Gabriel Cherqui, Mapuche Community of Neuquén (CMN) spokesman Jorge Nahuel and activist Gilberto Huilipan for promoting the May 2017 trespassing by Mauche demonstrators into the Vaca Muerta oil fields.
Wednesday, December 19th 2018 - 08:53 UTC
Patagonia indigenous peoples suing oil majors for “environmental contamination”

A major group of indigenous people living in Argentine Patagonia are taking some of the world's biggest oil and gas multinationals to court for “environmental contamination,” Greenpeace said this week. The Mapuche are suing American giant Exxon, French company Total and the Argentina-based Pan American Energy, which is part-owned by BP.
Thursday, December 6th 2018 - 09:32 UTC
YPF and Malaysia's Petrona committed to invest US$ 2.3bn in Vaca Muerta

Argentina's state-run energy company YPF and Malaysia's Petronas agreed this week to invest US$ 2.3 billion in a shale oil project in Vaca Muerta, with a target of reaching 60,000 b/d of oil equivalent by 2022. The investment will be in La Amarga Chica, where the companies have been testing the shale oil potential since 2015 and have spent US$ 550 million to date in the process, YPF said in a statement.
Tuesday, November 13th 2018 - 08:30 UTC
YPF faces weaker gas demand and shifts focus to Vaca Muerta shale oil

Argentina's energy company YPF said on Monday its 2018 hydrocarbon production likely will fall by 3% to 4% on the year, more than previously expected, as low natural gas demand forces it to close wells and shift its focus to Vaca Muerta shale oil.
Friday, November 9th 2018 - 07:29 UTC
Argentina launches off-shore bidding in the Austral and Malvinas regions

Argentina has launched its first offshore bidding round in nearly three decades. The country's energy secretariat published details regarding bidding terms and conditions for public bidding for exploration licenses.
Tuesday, October 30th 2018 - 08:45 UTC
YPF plans US$ 4bn annual investment in oil and gas production

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, October 24th 2018 - 21:55 UTC
Argentina eyes reopening Norpatagónico railroad to boost Vaca Muerta

Argentina will seek 780 million US dollars to recover the Norpatagónico freight railroad to link the Vaca Muerta hydrocarbon facilities to the port of Bahía Blanca, in the province of Buenos Aires, through Neuquén, La Pampa and RioNegro, President Mauricio Macri's administration announced Wednesday.
Friday, October 5th 2018 - 03:22 UTC
Emir of Qatar in Bs.Aires to meet with Macri over Vaca Muerta

The emir of Qatar, Sheikh Tamim Bin Hamad Al Thani, arrived Thursday evening in Argentina to meet with President Mauricio Macri on Friday to discuss oil investments in Vaca Muerta and other bilateral issues.
Tuesday, September 25th 2018 - 08:37 UTC
Argentina plans offshore licensing round in the South Atlantic next October

Argentina plans to launch a delayed offshore licensing round in October as it seeks to explore a large frontier region in the South Atlantic for potential oil and natural gas production growth in the future. This was announced to oil executives in Houston by Argentina's energy secretary Javier Iguacel.