Tag: VACA MUERTA

YPF reaches “milestone” in shale oil production

YPF announced that it has reached a production milestone of 200,000 barrels per day of oil in Vaca Muerta. This shale oil production level represents 82% growth in just over two years

Pluspetrol agrees to transfer Vaca Muerta block to Continental Resources

The Argentine oil company stated that its subsidiary Pluspetrol Cuenca Neuquina signed an agreement with Continental Resources to transfer its 90% stake in the Los Toldos II Oeste block

Vista Energy to invest USD 4.5 billion in Argentina between 2026–2028

According to the company’s 2026–2028 strategic plan, the projected investments aim to increase Vaca Muerta production by 60%, reaching 180,000 boe/d in 2028

YPF transfers seven areas in Tierra del Fuego to Terra Ignis

The transfer is part of Project Andes, under which YPF seeks to divest mature assets to focus on Vaca Muerta. The areas involved are Los Chorrillos, Lago Fuego, and Tierra del Fuego Fracción A, B, C, D, and E

Argentina to request annulment of ruling regarding YPF

The U.S. 2nd Circuit Court of Appeals, based in Manhattan, will review the judgment handed down in September 2023 by District Judge Loretta Preska in favor of two minority shareholders of YPF

Argentina awards pipeline project for Vaca Muerta gas to TGS

The national government awarded the contract to TGS for the expansion of the trunk pipeline from Vaca Muerta, in a deal that will involve a USD700 million investment to add 14 million m³/day of natural gas transport capacity

GeoPark to invest USD 14.5 million in Vaca Muerta

The governor of Neuquén authorized Pluspetrol to cede to GeoPark 100 % of its stake in the exploitation concession at Puesto Silva Oeste and in the natural gas transport concession from Puesto Silva Oeste to Neuba II

Petrobras imports natural gas from Vaca Muerta for the first time

In total, 100,000 cubic meters of natural gas entered Brazil via pipelines passing through Bolivia, to test the “commercial and operational framework” of the agreement

Argentina gains support of 8 countries in the YPF case in the U.S.

USA, Israel, and Ecuador each submitted their filings to the U.S. Court of Appeals for the Second Circuit in New York, while Chile, Italy, Uruguay, Romania, and Ukraine jointly submitted their filing

YPF: future production in Vaca Muerta to be destined for exports

All production from any new future developments in Argentina’s Vaca Muerta shale basin will be directed to exports, the CEO of state-controlled oil company YPF said