Argentina continues to ramp up its oil and gas production amid high prices and a push from the government to increase output.

Argentina rig counts

November oil production was up 15% year/year to 557,000 b/d, the highest monthly figure in nine years, Energy Secretary Darío Martínez said recently.

The improvement is mainly because of the Vaca Muerta formation in western Argentina, the Energy Secretariat said. Production from unconventional plays jumped 64% in November.

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