Saturday, September 7, 2019

Argentina exporting gas and oil

The Vaca Muerta shale area has entered into production and the country is once more exporting energy.  YPF is planning a total of over 1,700 fracking wells.  YPF, Malaysian Petronas and Shell have been making announcements regarding full-scale development phase. Chevron and YPF decided to invest a total of $800 million in drilling 20 wells in Vaca Muerta play in 2019. Argentina is so rich in natural resources that it may surprise and prosper.  

1 comment: