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https://www.pan-energy.com/The leading producer, employer, and private investor in Argentina’s energy sector. It is an integrated company spanning Upstream, Midstream, Downstream, and renewable energy.
Headquartered in Buenos Aires (CABA), Comodoro Rivadavia (Chubut), and Neuquén. Regional operations in Mexico, Brazil, Bolivia, Uruguay, and Paraguay.
With 1,791 stages, December reflected a slight slowdown, coming in below the annual monthly average of 1,982 stages and well off the record set in May at 2,588. YPF continued to dominate activity with 778 stages, accounting for 43% of the monthly total.
With a portfolio that already exceeds 27 submitted projects and investment commitments topping $33 billion, extending the deadline to 2027 could unlock additional investment and new projects, further expanding the country’s energy and mining frontier.
In his previous address, Milei emphasized economic freedom and tax reforms as tools to fight poverty, casting the state as a problematic actor. This time, the Argentine president will focus on deregulation of the energy sector and Argentina’s role as an LNG supplier from the Vaca Muerta shale.
Argentine gas exports to Brazil are already operational, albeit at modest initial volumes, with significant growth projected through 2030. Routes and methods for scaling up are under consideration.
Initial production tests at Cerro Dragón yielded promising results for converting the block to an operation now focused on unconventional resources.
It is the largest LNG sales operation from Argentina in terms of both volume and duration. The agreement was signed by Rodolfo Freyre of Southern Energy South America (SESA) and Frédéric Barnaud of Germany’s SEFE. The deal further strengthens Vaca Muerta’s position as an international player.
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.
A specialized report highlights the sector's potential and emphasizes that its activity depends not on temporary incentives, but on operational maturation. It also notes the impact on import reduction and the development of related sectors.
With only 7% of its reserves explored to date, the field has driven a production boom that in 2025 represents nearly 60% of the national crude oil extraction
