HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 11.Apr.2025) — “Vaca Muerta is better than any shale in the US,” according to YPF Sociedad Anónima CEO Horacio Marín.
Reason enough why Buenos Aires-based YPF is on a mission under the leadership of Marín to become a Vaca Muerta pure play. But, to get there, the company will first need to shed its mature conventional oil assets while also opening new real-time intelligence centers (RTIC), reducing oil-field services costs, and only issue lower cost debt, among other initiatives announced by Marin and his team in 2024 and continuously taking form in early-2025.
“The long-term [price outlook] is normal, which is around $70/bbl. Since we can develop all of the Vaca Muerta oil at a long-term price of $45/bbl, I am worried about the future. The YPF 4×4 challenge is the way YPF will reach a big company in 2030,” Marín told investors on 11 Apr. 2025 during the company’s Investor Relations or IR Day in New York City. “And, we are focused on profitability and value creation.”
