Tag: Vaca Muerta
Exxon may invest over $10B in Argentina’s Vaca Muerta shale region
Exxon already doing exploratory drilling in area BUENOS AIRES, June 3 (Reuters) – Exxon Mobil Corp could invest more than $10 billion in shale projects over 20 to 30 years in Argentina’s Vaca Muerta region, the government said on Friday. The project, currently a pilot program being developed with Exxon’s subsidiary XTO Energy and Gas y […]
Vaca Muerta shale play to double production by 2018
In 2016, Wood Mackenzie estimates total capex at US$1.2 billion as companies prepare for full development Production from Latin America’s premier shale play, the Vaca Muerta, is expected to double by 2018, according to a new development study by Wood Mackenzie. Argentina’s massive play continues to be the most prospective tight oil play outside of […]
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