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 ...

"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.

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.

BUENOS AIRES, Argentina (AP) — Transparent-faced fish drift through dusky waters. Snowlike flecks of dead plants sift down from the world above. Soft sponges peek through the soot of the seafloor.

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.

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: Argentina’s Shale Crown Jewel At the heart of this project is the Vaca Muerta shale formation, which holds an estimated 308 trillion cubic feet of recoverable gas reserves.

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.

Argentina's government will next week call for bids to reverse the flow of natural gas on a major pipeline designed to transport Vaca Muerta production to the north and center of the country ...

Control of the oil workers union in Argentina’s Vaca Muerta will shift later this year from the more pragmatic Guillermo Pereyra, who has run the union since 1984, to the more combative Marcelo ...

The next piece will appear on March 11 with a review of the Neuquén election results and their implications for the future of the Vaca Muerta, followed by a preview of the April 8 Río Negro ...

During a March 13, 2018 panel discussion at CERAWeek by IHS Markit, YPF Executive Vice President Marcos Browne, right, speaks about his company's plans to use the development of the Vaca Muerta ...