Initially discovered by YPF in November 2011, the Vaca Muerta Shale play is quickly gaining international attention as a robust unconventional target. Located in midwest Argentina, the play is in the Neuquén Basin, which numerous operators believe could be one of the largest shale basins outside of the U.S. According to YPF's unconventional resource estimates for the Vaca Muerta shale, the target could hold anywhere from 900 to 22.5 billion barrels of oil.
Vaca Muerta Companies
YPF
Pluspetrol
Tecpetrol
Pan American LLC (BP Controlled)
Chevron
Dow
Total
Gran Tierra Energy
Vaca Muerta 2017 Development Area Map
Source : YPF via Shale Experts Presentation Manager
Well Cost in the play has steadily declined over time.
As result of the reduction in well cost, the play is now competitive with many US shale oil and gas plays.
Source : YPF
Argentina : Vaca Muerta News
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