Operator · Argentina : Vaca Muerta
YPF
50 articles mentioning YPF · Page 1 of 3
YPF leans into Vaca Muerta as shale becomes the growth engine
YPF is accelerating its shift toward shale as it positions Vaca Muerta as the core driver of Argentina’s production growth, margin expansion, and long-term cash flow potential. The company is already Argentina’s largest integrated energy platform,...
YPF, Pan American to Ramp Up 2021 Gas Drilling in Vaca Muerta
Argentina-focused YPF is planning to accelerate gas drilling in the country starting in 2021 thanks to a new gas-focused incentive program. The Central Bank of the Argentine Republic's new gas-focused incentive program (the "Gas Plan") would...
YPF SA Third Quarter 2020 Results; Puts Rigs Back to Work
YPF reported its Q3 2020 results. Key Takeaways - Rig Additions in Q3 In August, conventional drilling activity was resumed in the Golfo San Jorge basin with 1 rig in August and 2 more were added...
YPF Reports Resignation of Two Directors
YPF has reported the resignations of two directors. They have received resignation announcements from Messrs. Néstor Javier David and Gerónimo Miranda Cid, as Director and Alternate Director, respectively, strictly for personal reasons.
Shell / YPF to Renew Vaca Muerta Development Plan for 2021
Back in 2017, Shell and YPF signed an agreement to develop the Vaca Muerta. The companies reported an update on its program in the play, commenting that the development program is poised to reach 40 Mboe/d....
YPF Second Quarter 2020 Results
YPF SA reported its Q2 2020 results. Q2 Highlights: Revenues for Q2 2020 were Ps 133.6 billion, which represents a decrease of 16.7%, compared to Q2 2019. Operating income for Q2 2020, before the asset impairment...
YPF First Quarter 2020 Results
YPF has reported its Q1 2020 results. Highlights: Revenues for Q1 2020 were Ps 174.7 billion, which represents an increase of 33.4%, compared to Q1 2019. Operating income for Q1 2020 was Ps 14.8 billion, 39.2%...
YPF to Scale Down Spending in 2020; Vaca Muerta to be Main Focus
YPF will be scaling down its investments in 2020, according to multiple reports. The company cited low oil / gas prices as well as a lack of investment activity and credit options in the sector as...
YPF, Petrona Sign Agreement to Invest US$ 2.3B in Vaca Muerta
YPF and Petronas agreed this week to invest US$ 2.3 billion in a shale oil project in Vaca Muerta, with a target of reaching 60,000 b/d of oil equivalent by 2022. The company said "The initial...
GeoPark and YPF Signs Vaca Muerta Partnership
GeoPark today announced further expansion in the Neuquen basin in Argentina with the acquisition of Los Parlamentos block in partnership with YPF S.A. (YPF), the largest oil and gas producer in Argentina. Los Parlamentos is an...
YPF Drills First 10,500' Lateral in Argentina; 12 Rigs Currently Running
[Summary: YPF reported a brief Q1 2018 update on its operations. Shale Activity Highlights: - Drilled first 3,200 meter (~10,500') lateral well in Loma Campana - completion ops planned for Q2 - Much of 2018 focused...
YPF Accelerating Vaca Muerta Drilling Over +50% in 2018
[Summary: In its recent presentation, YPF announced that it is ramping up Vaca Muerta drilling activity over 50% in 2018. Lower Well Costs Fueling Activity The company is planning to drill 100 wells across 12 areas...
Chevron, YPF Ramping Up Vaca Muerta JV in 2018
Chevron and YPF are ramping up their Vaca Muerta JV, adding $500 million to planned 2018 spending, according to a report by OGJ and Revista Petroquimica. The companies also plan to add a third rig in...
Schlumberger Unveils New Strategy to Grow Frac Market Share
Schlumberger has begun to diversify its operating strategy, striking JV deals where it will cover an operator's drilling cost in return for a stake in E&P drilling projects. Entering into these types of deals allows Schlumberger...
Statoil, YPF Set Sights on the Neuquen Basin; Ink Joint Development Deal
Statoil and YPF have inked a JV to explore for hydrocarbons in the Bajo del Toro block in Argentina's Neuquen Basin. Statoil will enter the Bajo del Toro exploration permit in the Neuquén Basin as a...
Schlumberger Heads to Vaca Muerta; Signs $390 Joint Venture
According to Reuters, YPF SA and Schlumberger have reached a deal to invest $390 million in the Vaca Muerta field in Patagonia.
Vaca Muerta : Operators To Drill More than 200+ Wells In 2017
Looking to jumpstart Vaca Muerta development, the Argentinean government recently announced that it will offer E&Ps a subsidized price of...
YPF, Shell Partner for $300MM Vaca Muerta JV
Each company will own a 50% stake in the project, which calls for the development of a pilot program that will be operated by Shell.
YPF, Petronas Throwing More Cash at the Neuquen After Strong Results
The decision to move to the second stage was taken by the good results obtained in the first phase.
YPF, Flotek Ink Tech Development Deal; Vaca Muerta Focus
Flotek and Y-TEC will jointly work to develop new technologies and new applications of current technologies with a focus on the oil and gas industry.