Tag: VACA MUERTA

YPF purchases Total Austral’s stake in Vaca Muerta for USD 500 million

The acquired blocks in Vaca Muerta, “La Escalonada” and “Rincón La Ceniza,” have active unconventional exploitation concessions valid until 2051

Pampa Energía requests inclusion in RIGI for project in Vaca Muerta

Pampa Energía announced that it has requested inclusion in an incentive regime to build an oil and gas treatment plant at its Rincón de Aranda field, with an investment of $426 million

Former president of YPF rejects ruling against Argentina

The former president of the Argentine oil company YPF, Pablo González, also denounced an attempt by the plaintiffs to seize the colossal unconventional hydrocarbon formation known as Vaca Muerta

Vista Energy issues bond to repay loan and invest in Vaca Muerta

Oil company Vista Energy issued an international bond worth $500 million with an average maturity of seven years at an annual rate of 8.5%, the company said in a statement

YPF to drill three exploratory wells in the Palermo Aike formation

The oil company has signed a commitment with the province of Santa Cruz to drill three exploratory wells this year in the unconventional hydrocarbon formation Palermo Aike

Vaca Muerta sets record activity in May

Vaca Muerta achieved a new record level of activity in May, according to industry sources. The number of fracture stages in Vaca Muerta during the fifth month of the year reached 2,588

Phoenix Global Resources confirms major investment in Vaca Muerta

Phoenix Global Resources confirmed a multi-billion-dollar investment in Vaca Muerta in southwestern Argentina, after terminating an agreement signed a year ago with Colombia’s GeoPark

Vaca Muerta energy reserve breaks new activity record in April

The number of fracturing stages reached 2,214 during the fourth month of the year, according to a report from the Fundación Contactos Energéticos

YPF: Vaca Muerta can still be developed even with lower oil prices

“At YPF, we’re on the path to becoming an unconventional company, which allows us to be resilient in the face of low crude prices,” said YPF CEO Horacio Marín

YPF expands with four new areas in Vaca Muerta

The Argentine state-controlled oil company has acquired four new oil and gas concessions in the massive Vaca Muerta shale formation and plans to invest $12.9 billion for large-scale development