#Santa Cruz

Upstream / Fiscal Policy

Santa Cruz Ties Royalty Cuts to Investment Pledge

Governor Claudio Vidal presented the program to representatives of all operators active in the province. Royalties on new unconventional and offshore production would fall to 5% over a 10-year term

Historically, YPF operated a vast portfolio of assets that included hundreds of mature fields spread across several provinces.

Plan Andes and the road ahead

Shale24 Special: How the 2026 operator map looks after YPF exits mature fields

During 2025, the company divested approximately 55 mature areas across eight provinces. Quintana Energy, Terra Ignis, Bentia Energy, TSB, PECOM, Petróleos Sudamericanos, Crown Point and PCR are among the new operators.