#Vaca Muerta

In 2022, Neuquén Province granted Chevron Argentina a new unconventional exploitation concession over the eastern part of the block for 35 years
E&P INVESTMENT

Chevron Plans $10 Billion-Plus RIGI Filing for El Trapial-Este

Argentine Economy Minister Luis Caputo confirmed the filing after meeting Chevron CFO Eimear Bonner and Chief Corporate Affairs Officer Laura Lane. The ticket dwarfs the U.S. major's individual public commitments over its 13-year history in the country and ranks among the largest single applications under Argentina's Large Investment Incentive Regime

Harold Hamm, fundador de Continental Resources.
Non-Conventional Hydrocarbon Exploitation Concession

Río Negro Formalizes Continental Resources Entry Into PAE-Operated Loma Guadalosa Block

Decree 447/26 authorizes Pan American Energy to transfer 13% of its working interest to Continental Resources Argentina S.A.U. The final structure leaves PAE with 52% as operator, Continental with 13%, and Tango Energy with 35%. It is the first formal closing of the January framework, ahead of pending approvals on three Neuquén blocks.

The US shale industry experienced its first projected contraction since the boom
Drill, Baby, Drill

The White House Pushed the Majors to Drill. The Permian Did Not Move — U.S. Shale Has Stopped Responding to Price

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.