(Energy Analytics Institute, Jared Yamin, 7.May.2016) – YPF plans to divest of as many as 20 areas in Argentina where the company has a partial interest or where the areas do not offer important earnings.
YPF has put up on the market 6 areas in Río Negro, including some with good returns, reported the daily newspaper iEco.
In Chubut, the company has already identified 20 areas it plans to divest, according to the daily. The company plans to follow a similar strategy in Neuquén and Santa Cruz, although details about these areas have yet to be revealed publicly.
In Neuquén in the Vaca Muerta there are plans in discussion regarding 20 rigs. According to industry data, activities in the area are estimated to fall by 30 percent and by as much as 50 percent in the reservoir exploited by YPF and Chevron.
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