Vaca Muerta in Argentina, one of the world’s largest shale deposits is rated to be one of the worlds largest largest gas exporters

Flavia Royon, the Energy Secretary, announced that Argentina is focusing its efforts on increasing exports as the production of shale-gas deposits in Vaca Muerta increases. The first objective of the government’s plan is to stop gas imports entirely by 2024-2025, except during times of peak winter demand. She said that the construction of a pipeline in Neuquen, with a large capacity, from Vaca Muerta is fueling exports. The Energy Summit was organized by the El Cronista newspaper. In July, the pipeline…

Vaca Muerta led surge in December oil and gas output in Neuquen, Argentina

Neuquen, the most productive oil and gas province in Argentina, saw oil production surge 23.4% to 160,445 b/d in December year on year, led by the development of the giant Vaca Muerta shale play, Governor Omar Gutierrez said. “In 2019, around 30,000 additional barrels per day were produced, allowing us to reach values not reached since 2005,” he said in a statement late Tuesday. The shale oil blocks that posted the most growth included two operated by the country’s state-backed YPF: Bandurria Sur with…

Is Vaca Muerta doomed? In 2 years, renewables will be cheaper than fossil fuels

The cost of renewable energy sources like wind and solar continue to fall drastically, and it was only a matter of time before they were cheaper than fossil fuels. The International Renewable Energy Agency (IRENA) believes that’ll happen by 2020 based on their new report. Prices could be as low as three cents per kilowatt-hour for onshore wind and solar photovoltaic projects over the next two years. Across the board, average costs of producing renewable energy projects have been very competitive.…

Argentina’s past energy imbalance is declining quickly

Argentina has been stepping up export sales of petroleum products to Brazil, Chile, and Uruguay as its production from the Vaca Muerta oil fields surges. Output has shot up 169% year on year to 31 million cu m/d in February, pushing up total production 7.9% to 135 million cu m/d, the latest numbers from the Energy Secretariat show. The secretariat has estimated that production could double to 260 million cu m/d in 2023, meaning that it must find new markets for additional production. As part of this, Argentina…

Jan de Nul Finds Lucrative Side Business Selling Dredged Sand for Argentina’s Shale Push

Sand shoveled out of an Argentina river used to transport soybeans will soon reappear 1,100 kilometers (700 miles) away in the country’s booming shale fields. Tecpetrol SA, part of billionaire Paolo Rocca’s empire, has started buying sand that Belgium’s Jan de Nul hauls from banks on the Parana River to frack for natural gas in Vaca Muerta, a Maryland-sized shale formation in Patagonia. For Jan de Nul, which has been dredging the river since 1995 to make room for soy cargoes, the shale industry is emerging…

Living in Vaca Muerta Shale Fields: the young faces of a new Argentine dream

AÑELO, Neuquén.-“this is Vaca Muerta”. Juan Carlos Pais points his gaze towards a labyrinth of steel pipes installed in the middle of the desert. Giant and colourful, similar to the Pompidou Museum in Paris, the gas compressor plant moans loudly nearby. The engineer, who oversaw Pharaonic works in different parts of the world, feels a special pride for this. “it will be a memorable story. tell them that in Buenos Aires ” This is Vaca Muerta,  rock that sinks to three thousand meters…
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