Director
While U.S. shale basins face the maturity of oil fields that once seemed endless, the opposite is unfolding in Argentina’s Patagonia: Vaca Muerta is just getting started, and its momentum is already making allies and rivals take notice.
Vaca Muerta is now the world’s second-most productive shale formation, trailing only the Permian Basin in the United States. Here are the numbers, drivers and projections behind a level of growth Argentina has never seen before.
During Vista Energy’s recent Investor Day, where Miguel Galuccio, the company’s chief executive, laid out a strategic plan that includes a US$4.5 billion investment in Vaca Muerta through 2028, Shale24 secured an exclusive interview to capture his outlook.