Shell Suspends Vaca Muerta Ops After Seismic Activity

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(Reuters, 7.Jun.2020) — Oil company Royal Dutch Shell Plc said it has suspended operations at its Bajada de Añelo site in Argentina’s Vaca Muerta area after seismic activity in the region.

“We are evaluating the information available and the evolution of the situation over the weekend to decide on Monday how to continue. We will resume activities when we consider that conditions are appropriate,” Shell said in a statement.

Shell operates other areas in Vaca Muerta, a huge region of unconventional hydrocarbons including the Cruz de Lorena, Sierras Blancas, Aguila Mora, and Coirón Amargo Suroeste blocks. The firm did not mention any other suspensions.

Argentina’s oil sector has already seen production stall due to a nationwide lockdown and plunge in global demand due to the novel coronavirus pandemic.

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Reporting by Eliana Raszewski; Writing by Adam Jourdan; Editing by Paul Simao

ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. 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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