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#unconventional shale

Cerro Dragón has already begun the process of becoming a new hub largely focused on shale production, something new in the basin.
The Alberta model that Torres is replicating

Is there shale in the “D-129 planet”? YPF exits conventional operations in Chubut but leaves the door open for a return

The transfer of Manantiales Behr to PECOM Servicios Energía S.A.U. has already been approved by the board and is pending before the provincial authorities. Even so, Horacio Marín announced in New York that the company is not closing the door on unconventional development in Chubut. The regulatory mechanism that would enable that already exists, and Pan American Energy activated it in Cerro Dragón.

Crude production by basin – monthly estimate and projection to 2027 (millions of barrels per day). The Permian Basin shows clear signs of decline star
New global context

Society of Petroleum Engineers predicts Permian Basin entering new shale phase

Although the basin remains highly productive, operators are placing less emphasis on drilling more wells and more on extracting value efficiently from existing developments. Technologies such as enhanced oil recovery (EOR), horseshoe wells, and artificial intelligence will be crucial to extending the life of this iconic U.S. shale basin.