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We recently compiled a list of 10 Cheap Utility Stocks to Buy According to Hedge Funds. Pampa Energia S.A. stands seventh on ...
Argentina's booming shale production in Vaca Muerta, a formation that rivals the United States' Permian Basin, is at risk of running out of road as infrastructure to handle the oil and gas nears ...
"Vaca Muerta can provide 2 million barrels per day without any problem," Sureda added. Argentina's shale oil production currently is around 400,000 barrels per day.
The Vaca Muerta shale formation in Argentina recently captured the attention of the global energy industry due to its immense potential for oil production. With the capability to produce over 1 ...
Argentina's Vaca Muerta shale formation could produce more than 1 million barrels per day (bpd) of crude oil by 2030, consultancy Rystad Energy said on Wednesday, but cautioned this relied on the ...
Vaca Muerta shale formation accounts for nearly half of Argentina's oil and 60% of its natural gas, potentially producing one million barrels of oil per day by 2030.
Lack of takeaway capacity and rig availability could curb production growth. As of February 20223, Vaca Muerta’s gross oil production reached 291,000 bpd, an annual addition of 76,000 bpd.
Vaca Muerta could be the key to unlocking a shale boom in Argentina. Joaquin Temes We find ourselves in the tough situation of looking for rational reasons to be optimistic about the future of ...
Earlier this month, Exxon said that it plans to drill 90 wells in the Vaca Muerta, with first-phase peak production expected to reach 55.000 oil equivalent barrels per day in five years.
“If Argentina exports oil, it will generate the dollars needed to pay for gas imports,” Mr Gerold says, expecting investments in Vaca Muerta to increase from about $3.3bn this year to as much ...
Argentina has won the 'geological lottery' with its 305 meters-thick Vaca Muerta shale oil and gas field in Patagonia, a spokesman for Chevron said on Thursday, as the U.S. energy giant increases ...