#VMOS Vaca Muerta Oil Sur

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.

Of the six planned crude storage tanks, two units are already in an advanced stage of roof assembly.
Energy infrastructure

VMOS project advances Punta Colorada tanks, boosts Vaca Muerta export capacity

The Punta Colorada Terminal, the endpoint of the Vaca Muerta Oil Sur (VMOS) pipeline, is advancing with roof assembly on two of the six planned storage tanks. With total storage capacity of 720,000 cubic meters and an investment exceeding $3 billion, the project is designed to transport up to 550,000 barrels per day and establish a new crude export route from Río Negro province on Argentina’s Atlantic coast.