Argentina ///

Echo Energy announces onshore Argentina work program

Echo Energy plc, the South and Central American focused upstream oil and gas company, is pleased to announce its 2018 work program, onshore Argentina.

YPF said to favor finance chief Daniel Gonzalez as new CEO

Daniel Gonzalez Casartelli, a former banker who is leading asset sales at YPF SA as chief financial officer, is favored to become the next CEO of the Argentine oil and gas producer, people with knowledge of the situation said.

President Energy announces workover success at Puesto Flores field, Argentina

President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina is pleased to announce successful results from its third and fourth workover wells at Puesto Flores field, Rio Negro Province, Argentina (President 90% and Operator: Ediphsa 10%).

President Energy announces completion of workover wells at Argentina's Puesto Flores field

President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina is pleased to announce successful results from its first two workover program wells at Puesto Flores field, Rio Negro Province, Argentina.

President Energy granted legislative approval of extension agreement for Puesto Flores field

President Energy has announced that the Rio Negro Provincial Legislature has approved the 10-year extension agreement for the Puesto Flores and Estancia Vieja Concession in that Province in Argentina.

Statoil awarded exploration license onshore Argentina

As part of the Argentina’s Gas y Petróleo del Neuquén’s (GyP) 5th bidding round, Statoil has been awarded the Bajo del Toro Este exploration license as operator in the Neuquén basin.

Macri juggling act entangles Argentina's answer to the Permian

One of the world’s biggest shale formations is getting caught up in Argentina’s efforts to balance its books.

Caution urged for potential investors in Venezuela

Jay Newman, the former hedge fund manager who helped billionaire Paul Singer win a 15-year fight against Argentina, has a word of caution for investors looking to replicate his success amid the chaos unfolding in Venezuela.

President Energy announces significant upgrades to prospective resources in Argentina

President Energy Plc, the upstream oil and gas company is pleased to announce the results of a new integrated basin study and geochemical survey over the exploration assets of the Company centered on its Puesto Guardian Concession, Matorras and Ocultar Licenses, which have resulted in significant upgrades to the Company’s Prospective Resources.

Echo Energy announces farm-in agreement in Argentina

Echo Energy plc, the South and Central American focused upstream gas company, is pleased to announce that it has entered into a binding farm-in agreement with Compañía General de Combustibles S.A. (CGC), a privately-owned subsidiary of the Argentinian conglomerate Corporación América International, for the acquisition by Echo of a 50% interest in each of the Fracción C, Fracción D, Laguna de los Capones and Tapi Aike licences, onshore Argentina.

ExxonMobil’s investment plan approved for Los Toldos I South block in Argentina

ExxonMobil announced today that the Neuquén Province government has approved the investment plan for the development of a 35-year unconventional exploitation concession in the Los Toldos I South block.

President Energy announces first sale of oil from Puesto Flores field in Argentina

President Energy, the upstream oil and gas company with assets focused primarily in Argentina, has announced that it has already banked the proceeds from its first delivery of oil from Puesto Flores field.

Back-up cutters prevail in hard and abrasive rock

Seth Anderle, Brad Dunbar, Shilin Chen, Halliburton

A new backup cutter layout extends bit life without sacrificing rate of penetration.

Dover Artificial Lift acquires PCP Oil Tools in Argentina

Dover Artificial Lift has announced its acquisition of PCP Oil Tools in Argentina.

Shaletech: Argentina

Jim Redden, Contributing Editor

Feds, IOCs breathe new life into ‘Dead Cow’

BP, Bridas to combine PAE and Axion Energy, forming new integrated energy company

BP today announced that it has agreed with Bridas Corporation to form a new integrated energy company by combining their interests in the oil and gas producer Pan American Energy (PAE) and the refiner and marketer Axion Energy in a cash-free transaction.

YPF CEO resigns as oil company readies asset sales, shale focus

Ricardo Darre, CEO of YPF SA, has resigned as Argentina’s largest oil producer prepares to sell at least $1 billion in assets and focus on developing the world’s second-biggest reserve of shale gas.

Sustained global recovery in land drilling forecast by Westwood Global Energy Group

The recovery in the global land drilling market, led by North America, is being sustained, according to first half figures from Westwood Global Energy Group, energy market research consultancy firm. The drive, both in the U.S. and internationally, for drilling wells with longer laterals and on multi-well pads, is creating demand for high-horsepower, modern rigs that can minimize time between each well.

Statoil, YPF sign onshore exploration agreement for Argentina's Vaca Muerta

Statoil and Argentina’s leading energy company YPF have entered into an agreement to jointly explore hydrocarbons in the Bajo del Toro block in the Neuquén basin onshore Argentina.

GeoPark, Wintershall strike oil in Neuquen basin, Argentina

GeoPark Limited and Wintershall Energía S.A., a subsidiary of the BASF group, the fourth-largest gas producer in Argentina with over 15 blocks, have announced the discovery of a new oil field in the CN-V block (GeoPark 50% WI, Wintershall 50% WI) in the Neuquen basin, Mendoza Province of Argentina.