(Energy Analytics Institute, 4.Aug.2020) — Shell Argentina President Sean Rooney discussed his company’s operations in Argentina amid the Covid-19 pandemic, including commenting on continued and future development of the Vaca Muerta shale formation. “A lot of economic recuperation post-Covid will come from industry pressures to accelerate the change of energy […]
Tag: Bandurria Sur
YPF Signs Preliminary Deal With Equinor And Shell
(Reuters, 31.Jan.2020) — Oil firms Equinor and Shell have signed a preliminary agreement with Argentina state energy firm YPF to acquire an additional 11% participation in the Bandurria Sur region of the vast Vaca Muerte shale field, YPF said on Friday. Vaca Muerta, which covers an area about the size […]
Equinor Strengthens Presence In Vaca Muerta
(Equinor, 31.Jan.2020) — Equinor and its partner Shell have completed a joint acquisition of the 49% interest held by Schlumberger in the Bandurria Sur onshore block in Argentina’s NeuquĂ©n province. The consideration for each partner for their 24.5% interest is $177.5mn. The block covers around 56,000 gross acres in the […]
Schlumberger Completes Sale Of Bandurria Sur
(Schlumberger, 31.Jan.2020) — Schlumberger announced today that it has completed the sale of its 49% interest in the Bandurria Sur Block in NeuquĂ©n, Argentina to Shell Argentina S.A. and Equinor. YPF will continue as operator of the block. This divestment covers all of Schlumberger’s interest in the Bandurria Sur shale […]
Argentina’s Shale Boom Hits New Milestone
(Oilprice.com, Irina Slav, 10.Dec.2019) — YPF, the Argentine state energy company, has drilled the longest horizontal oil well lateral, at 3,890 meters, or more than 12,700 feet, in the Vaca Muerta shale play, S&P Global Platts reports, citing a source close to the company. The record-breaking lateral—the horizontal part of […]