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 ...

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 ...

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.

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 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.

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 ...

Shell Argentina and Chevron Argentina joined the Vaca Muerta Sur (VMOS) project as shareholders in the major oil transport infrastructure initiative led by a consortium including the state-owned ...

“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 ...

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.