Pluspetrol Wins RIGI Approval for $12.4 Billion Vaca Muerta Development
Bajo del Choique-La Invernada, acquired from ExxonMobil in 2024, lifted oil output from 13,047 to 46,594 bbl/d in a year and already delivers 93% of its first-phase target. At $20 million per well, the plan costs more than the two shale oil developments already in the regime.