HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 13.Apr.2025) — Argentina’s plans to significantly boost Vaca Muerta crude oil and natural gas production to support a massive 300% increase in energy exports from now until the end of the decade will depend in great part on the ability of state-owned YPF SA and the energy industry as a whole to solidify takeaway capacity.
Combined energy exports are expected to reach around $40bn by 2030 compared to just around $10bn in 2024. Of this amount, net energy exports to YPF are expected to amount to around $10bn compared to just over $2bn, respectively.
This will be achieved as part of YPF’s push to be a pure shale player. The company expects to boost gross production to around 2,085 thousand barrels of oil equivalent per day (Mboe/d) in 2030 compared to 890 Mboe/d in 2024. Net to YPF, production is expected to reach 1,000 Mboe/d compared to 536 Mboe/d respectively.
