Argentina
News
August 14, 2023
Whatever broader policy mix is implemented, the next government will continue to back production in shale patch Vaca Muerta. That was the unanimous opinion of top drillers state-run YPF SA and Pampa Energia SA, and TGS SA, which conditions and transports shale gas, on earnings calls last week.
News
August 02, 2023
Exxon is involved in six areas of Argentina’s heralded Vaca Muerta — Spanish for Dead Cow — formation in Patagonia. The company’s plans to ramp up development of its flagship site, called Bajo del Choique-La Invernada, never really took off. Today, oil and gas production across all of its shale patches in the region is the equivalent of just 15,000 bpd.
News
June 12, 2023
Argentina and Chevron reached a deal where the oil company will invest up to $500 million in the El Trapial field in the Vaca Muerta deposit, Economy Minister Sergio Massa said.
News
June 06, 2023
The company plans to acquire a roughly 7,500 square-kilometer 3D seismic survey and upon completion, TGS will have built a 3D library of 25,000 square-kilometers in the Malvinas basin.
News
March 08, 2023
Drilling is picking up fast in Vaca Muerta after a series of false dawns over the past decade with top developer, state-run YPF SA, poised to ramp up investments.
News
February 27, 2023
Workers in the geological formation known as Vaca Muerta are building a 356-mile pipeline that will carry natural gas from remote northern Patagonia to Argentina’s cities and industry centers in the east. The project will help relieve bottlenecks that have stifled oil and gas production the nation desperately needs to bolster its economy.
Article
October 2022
Using advanced snubbing equipment has enhanced completion and workover efficiencies in developing Vaca Muerta shale resources. The new hydraulic completion units increase performance and enable the operator to push the technical limits of extended lateral well completions.
News
June 17, 2022
Energía Argentina and Tenaris signed an agreement for the supply of welded pipes for the construction of the Presidente Nestor Kirchner Gas Pipeline (GPNK) in Argentina.
News
March 28, 2022
Despite having shale-gas deposits to rival those in Appalachia, Argentina's domestic gas production sector has suffered from years of underinvestment that has left it unable to meet domestic demand, never mind the needs of the export market.
News
February 18, 2022
Tenaris plans to invest $190 million for the construction of a wind farm located in Adolfo Gonzales Chaves, in the province of Buenos Aires, Argentina.
News
January 12, 2022
Environmental activists in Argentina are trying to prevent new oil exploration in the resource-rich South American nation just days after forcing a governor in Patagonia to reverse course on silver mining.
News
January 14, 2021
The CAN 100 block comprises an area of 15,000 km² and is the largest block in the North Argentinian Basin.
News
November 11, 2019
Investments had been picking up in Vaca Muerta, a Maryland-sized shale formation in Patagonia that could turn the troubled nation into a global energy provider. But that was before leftist Alberto Fernandez won the presidential election last month.
News
October 30, 2019
The Malvinas 3D survey will cover approximately 7,300 km² of the highly prospective Malvinas Basin, which saw spirited interest during Argentina Round 1 earlier this year.
News
October 28, 2019
Some industry observers think Fernandez may provide drillers with a capital-controls loophole, which is what Kirchner did in 2013 to lure Chevron to Vaca Muerta.
News
September 25, 2019
United States Ambassador to Argentina Edward Prado welcomed PESA to his residence in Buenos Aires to kick off the creation of the PESA Latin America Regional District, Argentina Chapter on Tuesday, September 24.
News
September 04, 2019
“The LNG terminal will be a machine for bringing in dollars,” said Sebastian Mocorrea, YPF’s executive vice president for corporate affairs. “Nobody in their right mind would meddle with it.”
Article
July 2018
Akofs Offshore has been awarded a contract for light well intervention services, using its 156-m vessel, Akofs Seafarer, for all Equinor-operated licenses, in the period 2020 to 2025.
Article
May 2018
Despite the rise in crude prices, many Latin American countries are still grappling with considerable debt and declining production rates.
