Governor Claudio Vidal presented the program to representatives of all operators active in the province. Royalties on new unconventional and offshore production would fall to 5% over a 10-year term
February output held at 874,000 bbl/d — a 15.8% year-on-year gain — confirming the new floor rather than a seasonal spike. Neuquén drove nearly seven in ten barrels, but a 126,000 bbl/d gap to the 1 million bbl/d target and unresolved transport constraints mean geology is no longer the binding variable
The company, created by Aconcagua Energía together with Patagonian partners, is betting on the San Jorge Gulf Basin as a growth platform and is preparing to enter the unconventional segment. The strategic deal adds a significant portfolio of 24 rigs, including drilling, workover, pulling and specialized service units.
With seven professional training tracks and cutting-edge learning technology, the Vaca Muerta Institute was officially inaugurated at its headquarters in Neuquén’s Technology Park
The analyst, Rystad Energy’s vice president for Latin America, discusses the oil and gas outlook shaking the Middle East and its repercussions for Argentina.
The Colombian investor group invested $107 million to become the largest shareholder in GeoPark. The deal aims to accelerate the company’s regional growth strategy and its development in Vaca Muerta.
The company acquired the assets of the Norwegian firm, which withdrew from the country, and is now awaiting a decision from the pipeline consortium and Chilean national authorities to add its shale oil volumes.
The new development, located in Luján de Cuyo and carried out by Genneia, required an investment of $160 million and adds 180 MW of installed capacity.
The province has identified areas of significant thickness and thermal maturity within the “Mendoza tongue” of the formation.
The Chilean state company doubled its profits while advancing a diversification plan, though it is considering the possibility of exporting unconventional oil from Neuquén via the Pacific Ocean through the port of San Vicente.
