YPF, Enap Sipetrol to Invest $165 Mln in Magallanes

(Energy Analytics Institute, Jared Yamin, 3.Jun.2016) – YPF and Enap Sipetrol plan to invest $165 million to boost production in the Magallanes field offshore.

The companies plan to increase natural gas production by 60 percent to 4 million cubic meters per day from 2.4 million cubic meters per day, and petroleum production by 25 percent to 1,000 million cubic meters per day, reported the daily newspaper iEco.

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