Vaca Muerta
Wintershall inks deal with Gas y Petroleo del Neuquen The Basf oil and gas subsidiary Wintershall and the Argentina local company Gas y Petroleo del Neuquen (GyP) finalized their joint venture agreement by which the German company will take the operator role to develop shale gas in the Block Aquada Federal as part of the Vaca […]
Argentina Key Projects and Business Highlights Argentina is one these countries with oil and gas reserves among the largest in the world but have hard to stand self-sufficient in energy. Since 2007, the export tax scheme for oil and gas was conceived primarily to allocate the local production to the domestic market before exporting elsewhere. In doing […]
Dow to pioneer Argentina first shale gas pilot project The Dow Chemical Company (Dow) from USA and the Argentina national oil company YPF signed a memorandum of understanding (MOU) to develop shale gas in the giant deposit of the Vaca Muerta in the eastern Province of Neuquen. For Dow, the control of the natural […]
YPF and Bridas signed $1.5 billion deal in Vaca Muerta As a result of the new oil export tax system, the national oil company YPF and Bridas Corporation (Bridas) signed a Farm-in agreement to explore and develop 663 square kilometers of oil shale fields in the Loma la Lata and Loma la Campana of the […]
Schlumberger and Baker Hugues to lead exploration When Repsol-YPF discovered in 2011 the potential reserves of the Vaca Muerta in tight oil and Los Toldos and Totoral permits, it sent the signal to all the 50 companies having licenses in Argentina to drill more and to take their chance at the benefits of Schlumberger and Baker […]
