‘Dead Cow’ Oil Play Set To Be Next Permian Is Now Dead
(Bloomberg, 1.Apr.2020) — Just a bit more than 3 weeks ago, the head of Argentina’s state-run driller outlined an aggressive $1.8 billion spending plan for 2020 in the country’s Vaca...
YPF Reports Record One Day Fractures
(Energy Analytics Institute, Aaron Simonsky, 18.Mar.2020) — Argentina’s state oil company YPF announced positive results in regards its development of the country’s Vaca Muerta unconventional resources located in the Neuquén...
Latin America Oil Plays Rocked By Oil Price Rout
(Argus, 9.Mar.2020) — Latin America's bold plans to tap deepwater, unconventional and heavy oil reserves — already under pressure by coronavirus in key demand markets — face an even greater...
Argentina To Ease NatGas, Power Price Controls In June
(S&P Global Platts, 18.Feb.2020) — Argentina plans to lift controls on power and natural gas tariffs as soon as June, a senior government official said, in a move seen as...
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 Neuquén province....
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 Neuquén, Argentina to Shell Argentina S.A. and Equinor....
YPF Deepens Partnership With Equinor And Shell
(Energy Analytics Institute, Aaron Simonsky, 31.Jan.2020) — The presidents of YPF, and European companies Equinor and Shell meet to discuss the scope of signed agreements and plans for the development...
IOCs To Press On With Vaca Muerta Projects
(S&P Global Platts, 27.Jan.2020) — Equinor, Shell and Total vowed to press on with projects in Vaca Muerta, even as policy uncertainty and price controls make it harder to plan...
Argentina President Sees Potential In Conventionals
(S&P Global Platts, 13.Jan.2020) — Argentinian President Alberto Fernandez said he plans to encourage the development of conventional oil and natural gas reserves, not just the shale resources in the...
Politics Driving Shale Fluctuations In Argentina
(Argus, 8.Jan.2020) — Argentina's shale fracturing hit a record in 2019 despite a deceleration sparked by political and economic uncertainty at the end of the year. A total of 6,425...
Politics Drives Shale Fluctuations In Argentina
(Argus, 8.Jan.2020) — Argentina's shale fracturing hit a record in 2019 despite a deceleration sparked by political and economic uncertainty at the end of the year. A total of 6,425...
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...
Vista, YPF Win Vaca Muerta Licenses
(S&P Global Platts, 3.Dec.2019) — Argentina's Neuquen province awarded development licenses to Vista Oil & Gas and YPF in Vaca Muerta, a giant shale play that has seen investment and...
Exxon, Shell To Delay Vaca Muerta Production
(Seeking Alpha, Carl Surran, 20.Nov.2019) — Exxon Mobil and Royal Dutch Shell say they want to ramp up oil and natural gas production in Argentina's Vaca Muerta shale play but...
Exmar’s First LNG Shipment In Argentina
(EXMAR, 12.Nov.2019) — Exmar announced the first commercial LNG cargo has left Argentina for export. It was produced on board Exmar’s Tango FLNG and is now being transported by Excalibur,...
YPF Loads 1st Commercial LNG Cargo
(Reuters, Jessica Jaganathan and Ekaterina Kravtsova, 8.Nov.2019) — Argentine oil company YPF SA has loaded its first commercial liquefied natural gas (LNG) cargo for export from a new floating facility,...
Don’t Count On Oil To Reignite Latin America
(Project Syndicate, Mauricio Cárdenas, 5.Nov.2019) — Some regard Latin America as the world’s new oil frontier, and think that the region could potentially add three million barrels per day to...
Tango FLNG In Second Week Of Ops In Argentina
(EXMAR, 30.Sep.2019) — The Tango FLNG has been receiving feed gas from YPF since 9 September 2019 and has been producing LNG to its full capacity since then. In the...
Argentina Reinforces Security Of Vaca Muerta
(Reuters, 16.Sep.2019) — The Argentine government will step up security in the Vaca Muerta oil fields by placing the shale formation under the jurisdiction of the military police, the Ministry...
Argentina Pursues $5bn LNG Project Amid Political Havoc
(Bloomberg, Jonathan Gilbert, 4.Sep.2019) — Argentina’s state-run oil company, YPF SA, is pushing ahead with plans to build a $5 billion natural gas export terminal despite the political and financial...
Equinor Signs Deal With YPF
(Zacks Equity Research, 22.Aug.2019) — Equinor ASA recently announced the signing of a deal with the Argentine energy company, YPF Sociedad Anónima YPF, to jointly conduct exploration activities in the...
Argentina NatGas Exports Reach 5.9 MMcm/d In 1H:19
(Energy Analytics Institute, Aaron Simonsky, 22.Aug.2019) — Argentina shipped an average 5.9 million cubic meters per day (MMcm/d) of natural gas to Chile, Brazil and Uruguay during the first half...
Equinor And YPF Ink Offshore Exploration Deal
(Equinor, 21.Aug.2019) — Equinor’s executive vice president for Exploration, Tim Dodson, and YPF's CEO Daniel Gonzalez have signed an agreement to jointly explore the CAN 100 offshore block, located in...
Argentina Inks NatGas Export Deal With Chile
(Energy Analytics Institute, Aaron Simonsky, 21.Aug.2019) — Argentina and Chile signed an agreement for the export of natural gas from the former to the latter. The deal -- under the...
Argentina Enforces Fuel Price Caps
(Argus, 16.Aug.2019) — The price cap takes effect immediately, according to a decree published in the Official Bulletin, the newspaper of record. The downstream sector must keep oil product prices...
Argentina Caps Oil Prices By Decree
(Argus, 16.Aug.2019) — Argentina implemented a three-month freeze on fuel and crude prices through an emergency decree, eschewing an earlier plan to apply a decades-old law that was designed to...
Argentina Gas Output At Highest Point In 11 years
(Energy Analytics Institute, Aaron Simonsky, 29.Jul.2019) — Production of crude oil and natural gas in Argentina continues to rise, aided by growth in unconventional volumes from the Vaca Muerta formation....
YPF Advances LNG Exports With Excelerate’s Assistance
(Excelerate, 25.Jul.2019) — YPF announced that a preliminary agreement was reached with Excelerate Energy L.P. (Excelerate) for the charter of a liquefied natural gas (LNG) carrier, which will export LNG...
Wintershall Dea And ConocoPhillips Team Up In The Prolific Neuquén Basin
(Wintershall, 25.Jul.2019) — ConocoPhillips is a new partner in the Aguada Federal and Bandurria Norte blocks with Wintershall Dea. The two companies will advance the development of the significant Vaca...
McDermott Awarded Pre-FEED Contract For Vaca Muerta LNG In Argentina
(McDermott, 19.Jul.2019) — McDermott International, Inc. has been awarded a sizeable* contract by Argentina-based YPF, S.A. to provide pre-front-end engineering design (Pre-FEED) services for a five million tonnes per annum...
Vaca Muerta Output Growth Leads To LNG Exports
(EIA, 12.Jul.2019) — Argentina’s domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the Neuquén Basin’s Vaca Muerta shale and...
Argentina Opens Tender For $2bn Vaca Muerta Pipeline
(Reuters, 10.Jul.2019) — Argentina has opened the tender for a new $2 billion gas pipeline from the huge Vaca Muerta shale field, which according to the country's Energy Secretariat, should...
Shale Helps Argentina Hit Oil, Natgas Output Record
(Reuters, 2.Jul.2019) — Argentine oil and natural gas output hit a record high in May thanks to increased production from the country’s sprawling Vaca Muerta shale formation, the government said...
Techint To Build Headquarters In Neuquén
Please Share: (Energy Analytics Institute, Aaron Simonsky, 27.Jun.2019) — Techint Group’s Argentine affiliate Tecpetrol plans to inaugurate a new office in Neuquén by April 2020. “We hope to inaugurate the...
LatAmNRG Heard On The Street: Gas Markets, Argentina Tender
(Energy Analytics Institute, Aaron Simonsky and Ian Silverman, 25.Jun.2019) — Heard on the street related to the Latin America and Caribbean upstream, midstream, downstream and renewable energies sectors. ARGENTINA --...
Vaca Muerta Finally Produces Oil, 100 Years Later
(Bloomberg, Jonathan Gilbert, 25.Jun.2019) — Along the western edge of Argentina’s Patagonia, on an arid steppe nestled against the Andes mountains, lies a shale formation known as the Vaca Muerta....
Argentina Eyes Exporting Oil In 2020, Lopetegui Says
(Energy Analytics Institute, Aaron Simonsky, 14.Jun.2019) — Argentina’s Energy Secretariat Gustavo Lopetegui highlighted investments announced by Exxon Mobil destined for the massive development the Bajo del Choique - La Invernada...
Sixth Vaca Muerta Executive Board Meeting In Neuquén
(Energy Analytics Institute, Aaron Simonsky, 14.Jun.2019) — The 6th Vaca Muerta Executive Board meeting took place 14 June in Neuquén in the presence of the Neuquén Governor Omar Gutiérrez and...
ExxonMobil Moving Forward With Vaca Muerta Expansion
(Exxon, 13.Jun.2019) — ExxonMobil is proceeding with a long-term oil development in Argentina’s Bajo del Choique-La Invernada block. The project is expected to produce up to 55,000 oil-equivalent barrels per...
Argentine Shale Spurs Search For Oil, Gas Giant
(Platts, 11.Jun.2019) — On the vast, desolate plains of southern Patagonia, Compañía General de Negocios is stepping up drilling and exploration where few companies operate, an emerging trend of widening...
LatAmNRG Q&A Series With Barry Blacklock About Water Management In Fracking
(Energy Analytics Institute, Ian Silverman, 8.Jun.2019) — As part of Energy Analytics Institute’s ongoing coverage of the Latin America and Caribbean energy sectors from conventionals, unconventionals to renewables, Calgary-based Consultant...
UOCRA Union Leader Arrested In Argentina
(Energy Analytics Institute, Aaron Simonsky, 7.Jun.2019) — UOCRA union leader Juan Carlos Levi was reportedly arrested in Argentina after a search of his home, online media Diariamente Neuquen reported. Levi...
YPF Prepares First Shipment Of Liquefied Natural Gas From Argentina
(Reuters, 2.Jun.2019) — Argentine oil company YPF SA said on Sunday that it began loading the first shipment of liquefied natural gas (LNG) for export from Argentina. The shipment includes...
June 9 Provincial Election In Chubut, Argentina’s No. 2 Petro-Province
(Baker Institute, Mark P. Jones, 30.May.2019) — Chubut will elect its governor and the members of its provincial legislature for four-year terms on June 9. The pragmatic centrist Peronist governor...
Argentina’s Environmental Prosecutor Expects More Oil Samples From Añelo Plant
(Energy Analytics Institute, Aaron Simonsky, 27.May.2019) — Argentina’s Environmental Crimes prosecutor Maximiliano Breide Obeid anticipates more samples will be taken from Treater’s oil waste plant located in Añelo in Argentina....
YPF Says Bahía Blanca And Chile Are Potential Sites For LNG Plants
(Energy Analytics Institute, Aaron Simonsky, 23.May.2019) — The Argentine port of of Bahía Blanca is at present a principal location for consideration of construction of a LNG plant; however, the...
Argentina Readies To Join LNG Exporters Club With Maiden Cargo
(Reuters, 20.May.2019) — Argentina is about to export its first liquefied natural gas (LNG) cargo from a new floating facility, marking a milestone for its energy sector boosted by rising...
Argentina’s Economic Crisis Threatens To Stall Vaca Muerta
(Petroleum Economist, Charles Waine, 14.May.2019) — Argentina's hope of fast-tracking production from its vast Vaca Muerta shale play, the world's second largest by output, could be delayed as the country...
Madalena Starts Vaca Muerta Drilling On The Coiron Amargo Sur Este Block
(Madalena, 13.May.2019 ) — Madalena Energy Inc. has been informed by the operator of the Coiron Amargo Sur Este (CASE) block that a drilling rig was mobilized and commenced drilling...
Tecpetrol Argentina Work Halted Until Security Issues Resolved
(Energy Analytics Institute, Aaron Simonsky, 13.May.2019) — The block where Tecpetrol conducts activities in Argentina can’t initiate operations until necessary security measures are completed and approved by Argentina’s Labor Sub-Secretary,...
Argentina Eyes Possible Start Of Vaca Muerta-Bahía Blanca Train Project In 2020
(Energy Analytics Institute, Aaron Simonsky, 12.May.2019) — Two train projects planned to connect Vaca Muerta with Bahía Blanca will most likely not start moving forward until 2020 due to a...
LatAmNRG Argentina Briefs: Gutiérrez Shell Chat, Tecpetrol Accident
(Energy Analytics Institute, Aaron Simonsky, 8.May.2019) — Heard on the street and LatAmNRG briefs related to eight oil and gas sector deaths in the Neuquina Basin in 15 months, Neuquén...
Tecpetrol Reports Death Of Two Contractors At Fortín De Piedra Project
(Energy Analytics Institute, Aaron Simonsky, 6.May.2019) — Tecpetrol announced that an accident on 5 May 2019 at the CPF plant of its Fortín de Piedra natural gas project in Argentina...
Argentina Exported An Average 6 MMcm/d To Chile During 1Q:19
(Energy Analytics Institute, Aaron Simonsky, 25.Apr.2019) — Argentina shipped an average of almost 6 million cubic meters per day (MMcmd/) of natural gas to Chile during the first quarter of...
Debt Ghosts Rattle Argentina’s Push For Shale Greatness
(Bloomberg, Alix Steel and Jonathan Gilbert, 24.Apr.2019) — To replicate the kind of shale boom taking place in America’s Permian Basin, Argentina first needs to convince investors it can avoid...
Bolivia Gas Production: “Increasingly Smaller, Increasingly Expensive”
(Energy Analytics Institute, Ian Silverman and Piero Stewart, 23.Apr.2019) — Bolivia’s production of natural gas reached 36 million cubic meters per day (MMcmd/) in March 2019, one of the lowest...
Argentina’s Vaca Muerta Formation Produces 35% Of Country’s Natural Gas
(Energy Analytics Institute, Aaron Simonsky, 23.Apr.2019) — Argentina’s Vaca Muerta formation currently accounts for close to 35% of Argentina’s natural gas production and 15% of the South American country’s crude...
Phoenix Global Announces Departure Of CEO Anuj Sharma
(Phoenix, 23.Apr.2019) — Phoenix Global Resources plc announces that Mr. Sharma has served a notice on the company, which the company is treating as a notice terminating his employment in...
Bolivia Eyes Exporting LNG Through Argentina, Importing Crude
(S&P Global Platts, 22.Apr.2019) — Bolivia is looking at exporting natural gas globally through liquefaction terminals to be built in Argentina, and to buy crude from its southern neighbor, Bolivian...
Why The Argentinian Shale Boom Isn’t Taking Off
(Oilprice.com Irina Slav, 22.Apr.2019) — The Vaca Muerta shale play in Argentina has been a hot spot in global oil and gas for the past few years after exploration suggested...
ExxonMobil Argentina Takes Three Blocks In Offshore Bid Round
(Exxon, 16.Apr.2019) — ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B.V. and an affiliate of Qatar Petroleum won three exploration blocks during Argentina’s first...
Exxon Mobil Wins Three Exploration Blocks Offshore Argentina
(Reuters, 16.Apr.2019) — U.S. oil major Exxon Mobil Corp said on Tuesday its unit and an affiliate of Qatar Petroleum had won three exploration blocks offshore Argentina. The three blocks...
Qatar Petroleum Wins Exploration Rights In 5 Offshore Blocks In Argentina
(Qatar Petroleum, 16.Apr.2019) — Qatar Petroleum has won exploration rights in five offshore blocks in the North Argentina, and Malvinas West basins in Argentina. Mr. Saad Sherida Al-Kaabi. Source: Qatar...
Argentina Sees Steady Growth In Light Crude Exports From Vaca Muerta
(S&P Global Platts, 9.Apr.2019) — Argentina’s state-led YPF is preparing a shipment of light crude from Vaca Muerta, a trend the federal government expects to gain as production increases from...
Argentina’s Incumbent Political Party Wins Rio Negro Oil Province Election
(S&P Global Platts, 8.Apr.2019) — The incumbent political party in Rio Negro, an oil province in Argentina, won the re-election on Sunday; a result that could favor President Mauricio Macri's...
Neuquén Holds 73% Of Argentina’s Recoverable Shale Gas
(Energy Analytics Institute, Pietro D. Pitts, 7.Apr.2019) — Argentina contains the second largest recoverable non-conventional natural gas resources in the world with 802.2 trillion cubic feet (Tcf), only trailing Asian...
Argentina Energy 2019: Oil & Gas, Lithium and Energy Transition
(Institute of the Americas, 4.Apr.2019) — On March 27-28, the Institute of the Americas convened its annual Energy Roundtable in Buenos Aires with the participation of over 100 representatives from...
Phoenix Awarded Concession At Puesto Rojas Block In Argentina
(Phoenix, 4.Apr.2019) — Phoenix Global Resources plc has been granted an unconventional concession for its Puesto Rojas block in Mendoza province. The company has been notified by Mendoza Province that...
South Of The Vaca Muerta And Shaken: Elections in Río Negro Province
(Baker Institute, 2.Apr.2019) — On April 7 Argentina will hold its second provincial election of the 2019 election season in the province of Río Negro. With less than a week...
Tecpetrol Says Resolution 46 Covers Entire Fortin de Piedra Gas Project
(Energy Analytics Institute, Aaron Simonsky, 1.Apr.2019) — Tecpetrol, the oil and gas affiliate of Techint, considers that a resolution emitted by Argentina's Finance Ministry rejects the appeal presented for incorrect...
Sand From Soybean Waterway Resurrected For Argentine Shale Push
(Bloomberg, Jonathan Gilbert, 1.Apr.2019) — Sand shoveled out of an Argentina river used to transport soybeans may soon reappear 1,100 kilometers (700 miles) away in the country’s booming shale fields....
Tecpetrol Goes On Frac Sand Buying Spree In Argentina
(Bloomberg, Jonathan Gilbert, 1.Apr.2019) — In South America, sand shoveled out of a river in Argentina that is used to transport soybeans may soon reappear 700 mi (1,100 km) away...
Exmar’s Tango FLNG To Commence During 2Q:19 In Bahia Blanca
(Exmar, 28.Mar.2019) — Exmar announced its Tango FLNG will start its gas liquefaction operations in the second quarter of 2019, at which time a significant portion of the restricted cash...
LatAmNRG Argentina Briefs: Tecpetrol, MicroSoft, YPF and Neuquen Output
(Energy Analytics Institute, Aaron Simonsky, 27.Mar.2019) — Heard on the street and LatAmNRG briefs from Argentina on Neuquen hydrocarbon output reaching record levels in February, MicroSoft and YPF signing a...
Argentina Planning Gas Pipelines, Seeking Upstream Investors
(Oil & Gas Journal, Paula Dittrick, 25.Mar.2019) — Argentina plans to build natural gas pipelines and hopes to attract more oil and gas investment for the Vaca Muerta shale play...