![Argentina’s oil and gas production rose sequentially in May 2025 [tables]](https://energy-analytics-institute.org/wp-content/uploads/2021/08/el-yacimiento-de-hidrocarburos-no___BBXeZZuXF_1256x620__1-source-clarin.jpg)
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 9.Jul.2025, Words: 231) — Argentina’s production of crude oil and natural gas rose in May 2025 compared to Apr. 2025, while state-owned YPF SA continued as the most dominant company in the oil and gas spaces. In the first, it ranked […]
Tag: Pluspetrol
Vista Energy says $3bn VMOS project to commence commercial operations in 2H:27
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 22.Apr.2025, Words: 425) — Per the current construction schedule, the $3bn Vaca Muerta Sur crude oil export pipeline, also known as VMOS, is expected to commence commercial operations in the second-half 2027 (2H:27). Importantly, partners in the VMOS have committed an aggregate volume […]
Dissecting Y-P-F: pipelines to help reduce Vaca Muerta bottlenecks
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 13.Apr.2025, Words: 1,365) — 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 […]
ExxonMobil Completes Argentina Exit
RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 18.Dec.2024) — Spring, Texas-based ExxonMobil officially completed its exit from Argentina. ExxonMobil’s exit from the South American country has been formalized through two key transactions that strengthen the positions of two Argentine companies in the prolific Vaca Muerta formation, Argentina’s most important […]
Exxon to Sell its Vaca Muerta Assets to Pluspetrol
(Reuters, 30.Oct.2024) — U.S. energy giant Exxon Mobil agreed on the terms and conditions to sell its oil and gas assets in Argentina’s Vaca Muerta formation to Pluspetrol, a source at Exxon Mobil said on Wednesday. Exxon will sell five blocks in Argentina’s western Neuquen province, home to Vaca Muerta, […]
“Shale en Argentina”: Pluspetrol’s Julián Escuder
HOUSTON, TEXAS (Energy Analytics Institute, 12.Sep.2024) — Pluspetrol Country Manager Julián Escuder spoke on 12 Sep. 2024 at the ‘Shale en Argentina’ event in Houston, Texas during a panel discussion about ongoing and future developments in Argentina’s Vaca Muerta formation. What follows are excerpts from Julián Escuder’s participation in the […]
Peru PM Warns Gas Sector
(Reuters, 26.Sep.2021) — Peruvian Prime Minister Guido Bellido on Sunday said that companies which exploit natural gas in Peru will need to agree to pay higher taxes or else face nationalizations, a sharp warning to the sector from the new leftist government. Bellido told Reuters in August that the government […]
Korea National Oil Paying Fines In Peru
(Business Korea, 16.Jul.2021) — Korea National Oil Corp. (KNOC), POSCO International and SK Innovation paid a fine of billions of won to the Peruvian government in withdrawing from Block 8 for a decline in profitability. The fine is for environmental restoration and the South Korean companies may have to pay more. […]
Peru Presidential Hopeful Eyes Gas, Mine Takeovers
(Argus, 22.Apr.2021) — Peru could nationalize natural gas and mining assets if little-known presidential candidate Pedro Castillo wins a 6 June run-off ballot. Castillo, a far-left rural school teacher who favors greater state control over natural resources and strategic industries, enjoys a healthy lead over Keiko Fujimori, his populist rival […]
Tullow’s GVN Suriname Well Had “Minor Shows”
(Energy Analytics Institute, 18.Mar.2021) — Tullow Oil plc revealed the Goliathberg-Voltzberg North exploration well drilled in Suriname’s offshore Block 47 reached its total depth encountering “good quality reservoir but only minor oil shows.” Tullow said on 18 March 2021 in an official statement the Stena Forth drillship drilled the well […]
Vaca Muerta Now Producing At Record Levels
(Rystad, 3.Feb.2021) — The oil production decline that the Covid-19 pandemic brought to Argentina’s Vaca Muerta formation now seems like a distant memory. The reserve’s oil output has not only rebounded to pre-pandemic levels but also reached a record high of 124,000 barrels per day (bpd) in December 2020, a […]
Argentina Draws 16 Bids For Subsidized Gas Supply
(Argus, 3.Dec.2020) — Argentina received bids from 16 companies in a path-breaking auction to supply more than 70mn m3/d of natural gas at subsidized wellhead prices for power generation in 2021-24. The bids ranged from $2.40/mn Btu to $3.66/mn Btu, coming in below the maximum price of $3.70/mn Btu. Bids […]
Argentina’s Gas Output At 125.5 MMcm/d Thru August
(Energy Analytics Institute, 6.Nov.2020) — Argentina’s production of natural gas averaged 125.5 million cubic meters per day (MMcm/d) or 4.43 billion cubic feet per day (Bcf/d) in the eight months between January and August of 2020, according to data from the country’s Energy Secretariat. Argentina’s two biggest producers were YPF […]
Ecuador Oil Flow Falls, Pipeline Repairs Advance
(Argus, 15.Apr.2020) — Ecuador’s oil production dwindled to just 68,000 b/d on 13 April in the wake of weather-related pipeline ruptures last week, forcing state-owned PetroEcuador to reprogram most crude exports into May. PetroEcuador said it has pushed 10 crude export loadings from April to May as it works to […]
Galileo Sales VP Gabriel Lorenzi Interviewed By GBR
(Global Business Reports, 9.Apr.2020) — Twenty years ago it was impossible to think about an off-grid natural gas network. Today, Africa can build it with our innovative and efficient technologies, which work very well both in large producing countries and those looking at gas imports or monetizing small gas fields. […]
Wintershall Expands Portfolio In Argentina
(WorldOil, 17.Apr.2019) — Wintershall won the bidding process for two blocks in the promising Malvinas Basin off the coast of Tierra del Fuego as part of the “Costa Afuera” licensing round. In addition to the CMA-1 exploitation concession, with this award, the company will participate in further offshore exploration projects […]
GeoPark Limited Awarded Espejo And Perico Blocks In Ecuador
(SeekingAlpha, 18.Mar.2019) — On March 13, 2019, GeoPark Limitedentered the Ecuador upstream by winning the Espejo and Perico blocks in the Oriente Basin in the Intracampos Bid Round (Fig. 1). GeoPark formed a 50:50 consortium with Frontera Energy Corporation in the participation of the bid round. The final award is […]
Echo Energy, YPFB Sign Technical Evaluation Agreement For Rio Salado Block
(Echo Energy plc, 15.Oct.2018) — Echo Energy plc signed on 12 October 2018 a Technical Evaluation Agreement (TEA) for the Rio Salado Block, onshore Bolivia, directly with YPFB (Yacimientos PetrolĂferos Fiscales Bolivianos). The agreement was signed by Andres Brockman (Echo Regional Representative) and Oscar Barriga (President of YPFB) in the […]
Echo Energy Continues To Progress Argentina Wells, Signs New Deal In Bolivia
(Proactive Investors, 15.Oct.2018) — Echo Energy Plc told investors that it has confirmed that its third Argentinian well will be suitable for mechanical stimulation, and, it will now move on to the next stage in operations. The company, in a statement, updated on the EMS-1001 well at the Fraccion C […]
Argentina Resurrects Oil Intervention Panic
(Bloomberg, Jonathan Gilbert, 22. Jun.2018) – Javier Iguacel has left the road for the oilfield, and that may mean a complete about-face on Argentine energy policies. Iguacel, who’d led Argentina’s national road agency since January 2016, was sworn in Thursday as the nation’s energy minister at a time when his […]