Tag: YPF

Vaca Muerta sets a new activity record

In June, activity in the formation was once again led by YPF, with a total of 886 fractures. They were followed by Argentina’s Vista with 226 fractures and the U.S. company Chevron with 208 fractures

Aboriginal community lifts blockade on Vaca Muerta

The blockade lasted more than 24 hours and put the supply at risk in Buenos Aires and other points of the gas consumption network at a time of high demand due to low temperatures

Moody’s: YPF will face ‘macroeconomic stress’ this year

YPF will face “macroeconomic stress” and regulatory framework changes this year, according to a report released by the credit rating agency Moody’s on Latin American state-owned enterprises

Vaca Muerta reaches a new record in March

The number of fracking stages – a technical measure of activity in unconventional reservoirs – reached 1,643 in the third month of this year in Vaca Muerta, according to a report from the Energy Contacts Foundation

YPF’s investment to reach USD 5 billion in 2024

The oil company YPF announced that it will invest $5 billion this year, of which $3 billion will focus on the Vaca Muerta unconventional hydrocarbon formation

YPF posts record Q2 loss on pandemic hit

Argentine state oil company YPF stated it posted a net loss of 1.165 billion dollars in the second quarter of the year, its worst quarterly loss on record, due to the negative impact of the coronavirus pandemic

Vaca Muerta: Oil and gas output climb in the last 12 months

The report published by the IAE highlights that the oil output of the basins in Argentina grew 3.2% in March, compared to the same month last year, and accumulated a 3.7% increase in the last 12 months

YPF designates Sergio Affronti as CEO

YPF’s Board of Directors appointed Sergio Affronti as its new CEO, a businessman from the province of Mendoza that counts with a 27-yr career in the national and global industry of hydrocarbons

Oil demand plummets up to 85%

The preventive and compulsory social isolation ordered by the national government had an immediate effect on fuel demand, and oil and petrol stations registered an initial drop in sales of up to 85% across the country

YPF plans investments of u$s2,800 million for 2020

The figure represents a decrease of 20% compared to the previous year, due to the inconveniences that the state oil company and the sector faced during the past year