Vaca Muerta Breakeven Inside $40/bbl: Says YPF CEO

(Energy Analytics Institute, Aaron Simonsky, 12.Mar.2019) — The breakeven cost for Argentina’s Vaca Muerta shale play is currently inside $40/bbl compared to close to $60/bbl a couple of years ago, said YPF CEO Daniel González during CERAWeek by IHS Markit in Houston.

The executive also said that at the company’s most important field, Loma Campana, the breakeven cost was is currently inside $35/bbl.

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Energy Analytics Institute (EAI), formerly LatinPetroleum (dba LatinPetroleum.com), is a Houston-established private organization with a satellite presence in Calgary and Mexico City. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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