#Quintana Energy

Mendoza seeks to determine its true shale potential.

Mendoza’s shale

The Mendoza tongue: Province delimits 600-square-kilometer triangle to fast-track its own Vaca Muerta

The province has identified areas of significant thickness and thermal maturity within the “Mendoza tongue” of the formation.

Changes previous framework

Tax relief for conventional oil production: government cuts export duties on mature fields

The main change is the modification of the export duty framework established under Decree 488/2020. When Brent trades at or below $65, the retention is 0% (no export duty). When it reaches or exceeds $80, the maximum rate of 8% applies. In the intermediate range (between $65 and $80), the rate increases gradually.