Julián Guarino

Julián Guarino

Director en Shale24

The project commits US$12.4 billion over 25 years and was announced at the Argentine Embassy in Paris
Oil & Gas

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.

First oil from Sea Lion is scheduled for the first quarter of 2028
Enery Policy

Falkland Islands Government Backs Oil Royalty Sovereign Wealth Fund Due in 2030

The Executive Council approved the workstreams in March. The official timetable puts legislative passage in the second half of 2029 and commencement in 2030, two years after first oil. The royalty estimate is $2 billion. Consultation with Assembly members, the U.K. Foreign, Commonwealth and Development Office (FCDO) and the public opens in January 2027.

The northern area comprises three phases and 39 wells, with 420 million barrels of oil equivalent in 2P plus 2C categories
Oil & Gas

Navitas Seeks Strategic Partner for 77-Well Sea Lion Development

The Israeli operator floated the idea at its investor round, having assigned the project a $5.16 billion present value net to its interest, above the $3.55 billion it attributes to its producing Gulf of Mexico asset. Any incoming shareholder falls under Argentina's Law 26,659

Southern Energy will receive the first pipe for its dedicated export gas line in August, CEO Rodolfo Freyre said, dating the start of construction.
Shale24-Santander Energy Summit

Southern Energy Sets August Pipeline Start as Argentina Nears First LNG Exports

At the Shale24-Santander Energy Summit, CEO Rodolfo Freyre dated the start of construction on the 471-km dedicated pipeline and walked through the engineering still standing between the project and its first export cargo: a mooring system being built in Europe and anchored at 40 meters, a logistics base that does not yet exist at the Río Negro port, and a dedicated line that required project finance.