International independent private company focused on the exploration and production of hydrocarbons and, more recently, on strategic mining (lithium) through Lítica Resources.
The Colombia-headquartered producer and Neuquén province's state oil and gas company will combine Loma Jarillosa Este and Puesto Silva Oeste under a single project vehicle, with a target of scaling output from 1,500 to 20,000 bbl/d in three years
YPF's plan calls for 1,152 wells in Vaca Muerta and a 240,000 bbl/d crude plateau by 2032, all routed for export via VMOS. It is the first integrated cluster structure filed under the regime, and the first major upstream submission presented without partners, signaling a new phase of YPF's Plan 4x4.
Completion of the TK401 roof brings the consortium in line with the technical floor that the official schedule set for the first vessel to sail in December: two operational tanks at the terminal and one mooring buoy. With the pipeline more than 60% complete, what remains has a date.
The 600-well, 25-year development at the former ExxonMobil block is now the largest upstream commitment filed under Argentina's investment incentive regime.
U.S. Energy Secretary Chris Wright and Interior Secretary Doug Burgum convened a 45-minute call with the CEOs of ExxonMobil, Chevron, Occidental Petroleum and Continental Resources. The U.S. rig count has fallen to 543, the Permian is holding at 242, and independent producers plan flat 2026 capital expenditure. For Argentina, the read-through runs through capital: when price-drilling elasticity breaks in the dominant basin, rotation into Vaca Muerta stops being an optional bet.
Gas y Petróleo del Neuquén will publish tender documents in May for 15 blocks selected from its reserved-area portfolio, with formal opening set for August 19. A request from Continental Resources at Bank of America's Argentina Week accelerated the original schedule by two years and aligns with the early startup of Oldelval's Duplicar Norte pipeline, which unlocks the northern hub.
The province formalized Pluspetrol's 50% cession to YPF in three feeder blocks. The third pillar — a provincial LNG law with a differentiated methane royalty — remains open.
The Brazilian conglomerate's upstream arm filed two applications with Argentina's Secretariat of Energy to export up to 1 million m³/day each from the Centenario field to Âmbar Energia's Uruguaiana thermal plant — the first time a single corporate group would own the molecule from wellhead to combustion across the Argentina-Brazil corridor
The company has sold its operating stakes in Los Toldos I Sur and Pampa de las Yeguas I to a U.S.-backed buyer — completing a 15-month portfolio reset that began the day it closed its $1.75 billion acquisition of ExxonMobil's Argentine subsidiary in December 2024
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
Wood Mackenzie quantified the scale of the effort the industry will need to undertake to turn Vaca Muerta into a shale oil export hub. The key question: can execution capacity keep pace without creating bottlenecks?
With Veladero and Diablillos, the sector now accounts for six of the 12 projects approved under the regime. The pending pipeline — led by Glencore with $13.5 billion in copper projects — suggests that share will grow even further.
The company carried out an abrasive jet perforation with coiled tubing in a deep horizontal well in Vaca Muerta, completing six clusters and stabilizing surface pressure at 8,000 psi. The milestone underscores the ongoing trend of reducing non-productive time and improving operational efficiency in the shale.
Associated gas — the gas that inevitably emerges as a byproduct of oil production in the black oil and liquids-rich window of the Neuquén formation — is rich in high-value components. In January, output climbed to 26.7 million cubic meters per day, setting a historic record. The industry is closely monitoring the trend, as it could open the door to a new business opportunity.
Argentina’s negotiable obligations market tops $20B in 2025, projects another solid year in 2026 as energy accounts for nearly half of corporate financing
