Vaca Muerta production on the rise

Argentina’s Vaca Muerta shale formation saw a substantial rise in gas production in October, mostly driven by pilot projects in which state-owned YPF participates, according to the firm G&G Energy Consultants.

On Monday, Argentine news agency Telam reported that Vaca Muerta output was up 36% year-on-year in October to reach 5 mcm (176 mcf). The largest contributor to the increase was the El Orejano pilot programme, being developed by a 50/50 joint venture of YPF and Dow Chemical’s local subsidiary. Measured from June 2016, when production stood at 4.1 mcm (146.1 mcf), the rise was 21%.

Other major pilot projects in the formation include YPF and Chevron’s Loma Campana development, Pan American Energy’s Bandurria Centro, Total’s Rincon de la Ceniza and Aguada Pichana licences, and a few of ExxonMobil’s developments, such as Bajo del Chioque and Pampa las Yeguas.

Recent Posts

UK allows oil exploration in North Sea wind project zones

The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More

2 days ago

ExxonMobil closes acquisition of Pioneer, creating Permian powerhouse

ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More

2 days ago

BP-Eni joint venture Azule Energy enters Namibia’s Orange Basin

BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More

2 days ago

Chariot starts gas drilling campaign in Morocco

Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More

2 days ago

Touchstone acquires Trinidad E&P player Trinity

Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More

3 days ago

ExxonMobil “optimistic and pushing forward” with Mozambique’s Rovuma LNG

ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More

3 days ago

This website uses cookies.