Tag: 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

Chevron and Shell join key Argentine pipeline project

U.S. oil giant Chevron and Anglo-Dutch company Shell will join as partners in the consortium building the Vaca Muerta Sur pipeline, a project that will boost Argentina’s crude oil exports

Argentina’s energy exports grew by 23.7% year-over-year in January

According to official sources, crude oil, gas, and other energy products exported in the first month of the year accounted for 14.9% of Argentina’s total exports in January

Vaca Muerta achieves record activity in 2024

The number of fracturing stages totaled 17,796 throughout 2024 in Vaca Muerta. This figure surpasses the previous record set in 2023 by 20.6%, which saw 14,747 fracturing stages