Vaca Muerta

Argentina Advancing Vaca Muerta Natural Gas Pipeline Project

Argentina Advancing Vaca Muerta Natural Gas Pipeline Project

Natural gas output from Argentina’s Vaca Muerta formation in the Neuquén Basin has been growing steadily, and President Alberto Fernández has greenlighted an infrastructure project to move the fuel to market. The aim of the project is to further spur natural gas production from Vaca Muerta and to reduce the nation’s reliance during winter months…

November 30, 2021
Argentina Launches Third Natural Gas Tender to Boost Production Amid High Prices

Argentina Launches Third Natural Gas Tender to Boost Production Amid High Prices

Argentina’s government has launched a natural gas tender to try to shore up domestic supply starting in the Southern Hemisphere winter in 2022. The majority of the gas would come from the Neuquén Basin, home to the massive Vaca Muerta formation. Energy Secretary Darío Martínez said the objective of the tender — part of the…

October 20, 2021
Argentina Bets on Natural Gas in Hydrocarbons Bill as Vaca Muerta Comes to Life

Argentina Bets on Natural Gas in Hydrocarbons Bill as Vaca Muerta Comes to Life

Argentina’s government has sent a bill to its congress to support the exploration and production of hydrocarbons in Argentina over the next 20 years. One of the key elements of the bill is that the “process of energy transition involves primarily the general adoption of natural gas in the energy matrix.” The bill includes price…

October 1, 2021
Argentina Natural Gas Output Rising Amid Impetus for Vaca Muerta-Brazil Pipeline

Argentina Natural Gas Output Rising Amid Impetus for Vaca Muerta-Brazil Pipeline

Natural gas production in Argentina rose for a second straight month in July as the country’s Plan Gas 4 tender scheme started to show results. “Thanks to Plan Gas 4, we are achieving great production results,” Energy Secretary Dario Martínez said. “We’re breaking production records and this allows us to continue growing the sector and…

August 30, 2021
Argentina LNG Export Ambitions Said Unlikely to Materialize Before 2030

Argentina LNG Export Ambitions Said Unlikely to Materialize Before 2030

Argentina is unlikely to develop serious liquified natural gas (LNG) export capacity this decade because of the current political and economic unpredictability, researchers at the country’s Austral University and the UK’s Oxford Institute for Energy Studies said recently. However, while “Argentina might not become a relevant LNG exporter in this decade,” the country “will continue…

May 12, 2021
Argentina Gearing Up for Winter of Higher Natural Gas Demand, Import Needs

Argentina Gearing Up for Winter of Higher Natural Gas Demand, Import Needs

Argentina has commissioned a second floating, storage and regasification unit (FSRU) to meet higher-than-expected natural gas demand this upcoming winter in the Southern Hemisphere. The country’s natural gas buyer, Integración Energética Argentina (Ieasa), has leased an Excelerate Energy LP FSRU for the Bahía Blanca port. This will add to the existing FSRU now stationed at…

April 21, 2021
Argentina’s YPF Commits $1.5B to Neuquén in 2021, Aims to Up Gas Output by 70%

Argentina’s YPF Commits $1.5B to Neuquén in 2021, Aims to Up Gas Output by 70%

Argentina’s state oil company Yacimientos Petrolíferos Fiscales SA (YPF)  plans to spend $1.5 billion to boost oil and gas production this year in Neuquén province, home to the giant Vaca Muerta formation. YPF “has come out to announce its big effort to all Argentines, an investment that will translate into an important increase in oil…

March 22, 2021
Chevron Looking to Permian, Duvernay and Vaca Muerta for Onshore Growth

Chevron Looking to Permian, Duvernay and Vaca Muerta for Onshore Growth

Chevron Corp. CEO Michael Wirth during the annual investor meeting on Tuesday said the supermajor’s message to investors could best be summed up in four words: higher returns, lower carbon.  Wirth, together with his executive team, laid out a broad global development plan centered around increasing returns on capital employed while slicing the carbon intensity…

March 11, 2021
Chevron Putting Priority on Carbon Reduction, with Onshore Emphasis in Permian, Duvernay and Vaca Muerta

Chevron Putting Priority on Carbon Reduction, with Onshore Emphasis in Permian, Duvernay and Vaca Muerta

Chevron Corp. CEO Michael Wirth during the annual investor meeting on Tuesday said the supermajor’s message to investors could best be summed up in four words: higher returns, lower carbon.  Wirth, together with his executive team, laid out a broad global development plan centered around increasing returns on capital employed while slicing the carbon intensity…

March 9, 2021
Legislation, Infrastructure Said Needed to Unleash Brazil, Argentina Natural Gas Potential

Legislation, Infrastructure Said Needed to Unleash Brazil, Argentina Natural Gas Potential

Argentina through its Vaca Muerta formation and Brazil with its vast offshore pre-salt reserves, could become major players in international natural gas markets, but much needs to happen before this can occur, experts said this week. In a panel discussion at CERAWeek by IHS Markit on Wednesday, Argentina’s Pan American Energy CEO Marcos Bulgheroni said…

March 4, 2021
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