Argentina’s Energy Secretariat said the Vaca Muerta shale formation holds an estimated 30.17 billion barrels of recoverable oil, according to a new technical study

Argentine oil company YPF projects investments ​of up to $6.2 billion in 2026, above the ‌previous estimate of up to $5.8 billion, CEO Horacio Marin said in a presentation to investors

During the second quarter, GeoPark drilled and completed six wells in the Llanos 34 and Llanos 123 blocks in Colombia, and drilled five wells in Vaca Muerta, which were undergoing hydraulic fracturing at the end of the quarter. The company operated a total of eight rigs, including four drilling rigs and four workover rigs

US oil major Chevron has submitted a $13.8 billion investment project in Argentina and requested its inclusion under the Large Investment Incentive Regime (RIGI)

State-controlled oil company YPF announced plans to invest $25 billion to “accelerate the export development” of Argentina’s Vaca Muerta unconventional shale formation

Vista Energy, whose operations are concentrated in Argentina’s Vaca Muerta unconventional shale formation, announced plans to invest $5.6 billion in the South American country through 2028

Vista Energy finalized the acquisition of Equinor’s assets in Argentina’s Vaca Muerta shale formation in a deal valued at $712 million. The transaction gives the company led by Miguel Galuccio non-operated stakes in two shale oil blocks in the Neuquén Basin

Argentina could reach oil production of 1 million barrels per day (bpd) in 2026, up from the current level of just over 850,000 bpd, driven by increased activity in the Vaca Muerta shale formation, Energy Secretary Daniel González said

State-owned oil company YPF has awarded U.S. oilfield services provider Halliburton a multi-million-dollar contract to carry out long-term unconventional well completions in Argentina

Oil companies Tecpetrol and GyP have applied for their multi-billion-dollar project in Argentina’s Vaca Muerta unconventional formation to be included under the Large Investment Incentive Regime (RIGI), launched in 2024