U.S. exploration and production (E&P) companies arecuttingcapital expenditure (capex) by 35-40% from 2019 as oil prices continue to get hammered and demand is destroyed by the coronavirus pandemic, but spending reductions could be even harsher south of the U.S. border.
Argentina
Articles from Argentina
NatGas from Argentina’s Neuquén Fetches $1.79/MMBtu for April in Auction
Natural gas from Argentina’s province Neuquén, home to most of the Vaca Muerta deposit, fetched $1.79/MMBtu on average in the latest online auction held by Argentina’s online gas market Mercado Electrónico del Gas (Megsa).
NatGas from Argentina’s Neuquén Fetches $1.79/MMBtu for April in Auction
Natural gas from Argentina’s province Neuquén, home to most of the Vaca Muerta deposit, fetched $1.79/MMBtu on average in the latest online auction held by Argentina’s online gas market Mercado Electrónico del Gas (Megsa).
Argentina Taking Advantage of Cheap LNG in Preparation for Southern Cone Winter
Despite growing domestic gas production from its Vaca Muerta formation and plans to develop large-scale liquefied natural gas (LNG) facilities, Argentina has ordered 11 LNG cargoes for the upcoming Southern Cone winter as prices for the super-chilled fuel continue to suffer from the demand shock of the coronavirus.
Argentina Orders 11 LNG Cargoes for Upcoming Southern Cone Winter as Prices Plummet
Despite growing domestic gas production from its Vaca Muerta formation and plans to develop large-scale liquefied natural gas (LNG) facilities, Argentina has ordered 11 LNG cargoes for the upcoming Southern Cone winter as prices for the super-chilled fuel continue to suffer from the demand shock of the coronavirus.
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Argentina’s prolific Vaca Muerta shale play is going through a period of uncertainty as the new leftwing government in Buenos Aires devises plans for its energy sector, according to analysts.
Equinor, Shell Snap Up Schlumberger Acreage in Argentina’s Vaca Muerta
Norways Equinor SA and Royal Dutch Shell plc have have jointly purchased a 49% interest held by Schlumberger Ltd. in the Bandurria Sur onshore block in Argentinas Neuquén province.
Equinor, Shell Snap Up Schlumberger Acreage in Argentina’s Vaca Muerta
Norway’s Equinor SA and Royal Dutch Shell plc have have jointly purchased a 49% interest held by Schlumberger Ltd. in the Bandurria Sur onshore block in Argentina’s Neuquén province.
Equinor, Shell Snap Up Schlumberger Acreage in Argentina’s Vaca Muerta
Norway’s Equinor SA and Royal Dutch Shell plc have have jointly purchased a 49% interest held by Schlumberger Ltd. in the Bandurria Sur onshore block in Argentina’s Neuquén province.
Argentina’s Vaca Muerta Shale Gas Entering Chile Market
In a move that only recently seemed unthinkable, Argentina has started sending natural gas from the emerging Vaca Muerta formation to various points in Chile for residential, electric power and industrial uses.