Field Trip 2011 Vaca Muerta Shale oil Mr. Toms Garca Blanco YPF Upstream Executive Director
Shale in the USA: Impact on Gas Supply The development of Shale Gas resources in the USA has totally changed the energy balance and largely eliminated the need to import LNG 23% of US gas production currently comes from Shale Gas.…
Shale in the USA: Impact on Oil Production EIA, Today in Energy, Apr 27, 2011 While much of the increase in 2009 was associated with deepwater developments in the Federal Gulf of Mexico, the increase in 2010 was led by escalating…
Could Argentina replicate U.S. experience Evolution of the oil and the natural gas in U.S. and Argentina U.S. and Argentinas crude oil production U.S. and Argentinas natural gas production Mbbl Million of cubic metres 4.000.000…
Shale gas: Worldwide Resources MAIN SHALE GAS BASINS Continent Risked technically recoverable (Tcf) North America 1.931 South America 1.225 Europe 624 Africa 1.042 Asia 1.404 Australia 396 Total 6.622 12% of total…
Shale oil Plays in the World Projects and recoverable resources United States 24 Bbbl of shale oil resources Argentina YPF pioneering the development of Shale Oil in Vaca Muerta. Brasil The potential of the onshore Parana basin…
YPF Activity in Vaca Muerta: History of a discovery Evaluation of Shale reservoir potential Drill first well 2nd. Licensing Round Discovery of Shale and regional studies Oil Loma La Lata First shale gas well and Loma Campana 1…
Vaca Muerta Shale Dorsal Loma La Lata Centro de cuenca Mendoza Huincul (proyeccin) plataforma sur S N Unconventional Play Quintuco +Vaca Muerta Extension of 30,000 km2 Thickness greater than 250 m Evidence of light…
The YPF Position - Vaca Muerta Play Vaca Muerta is present in an area of 30,000 Km2 (7.4 million acres) Of this area, YPF participates in 12,000 Km2 (3.0 million acres - 40% of the total) 9,311 km2 oil 670 km2 wet gas…
YPF Discovery of Shale Oil Northern Loma La Lata 12
YPF Discovery of Shale Oil Northern Loma La Lata Results by the end of September VERTICAL WELLS IN PRODUCTION Initial well rates; The wells are restricted by 4mm chokes 17 vertical wells on The wells were drilled in…
Evolution in fracture productivity as of october 2011 PRELIMINARY RESULTS VACA MUERTA Initial Monthly rates 800 Rates (boe/d) 700 600 500 400 300 200 100 0 Oct-10 Dec-10 Feb-11 Mar-11 May-11 Jul-11 Aug-11…
Vaca Muerta Analogues. Eagle Ford and Bakken Shale productivity (*) Comparison with Vaca Muerta Qo [bbl/D] Days Source: YPF (*) Wood Mackenzie 15
Evolution in well head pressure producing under natural flow condition Source: YPF 16
Vaca Muerta The complete 200m section is productive Results of PLTS 33,3% 48,8% 23,9% 36,8% 20,7% 37,4% 38,3% 31,4% 20,1% 29,2% 6,7% 17,3% 25,8% 31,1% 2.935 m 14,7% 14,5% 2.979 m 26/08/2011 15/08/2011…
Vaca Muerta: high quality oil and gas Oil and gas properties Characteristic Pres. = 550 - 650 kg /cm2 at 2,800 m API: 40 - 45 Pb: 120-200 Kg/cm2 GOR: 100-500 m3/m3 Bo Pb: 1,5 1,7 Viscosity Pb: 0.3 0.8 cP No H2S, Minor CO2…
Prior production - naturally flowing well 700,000 stbo in 25 years Unfractured well in Vaca Muerta Qo (bbl/d) Np (Kbbl) BDP.a-7 POZO TIPO P90 POZO TIPO P50 POZO TIPO P10 Month Source: IAPG 19
First Microseismic results Source: YPF 20
First Microseismic results Source: YPF 21
The comparison with Shale Plays in the USA shows Vaca Muerta to have very good properties Metros Vaca Muerta Barnett Haynesville Marcellus Eagle Ford Bakken 3-5 Mstb/km 0 25 50 75 (*) 100 Vaca Muerta Barnett…
Resources 930km2 (428km2 + 502km2) LACh.x-3 Bandurria Bajada Bajada de Aelo + Bandurria Ban.x-2 de Aelo Lcav.x-2 + LAC 502 km2 La Amarga LLL.x-475 Chica LLL-482 LLL-479 Loma La Lata Norte Loma SOII.x-1 Loma La Lata…
YPF Shale & Tight Exploration Plan in Argentina Vaca Muerta is just the first step Shale and Tight Portfolio Neuquina Fm Vaca Muerta Fm Los Molles Fm Agrio Fm Lajas (tight) Quintuco (tight) Mulichinco (tight) Cuyana Fm…
Conclusion The discovery of shale oil & gas in the USA has started a new cycle in the oil & gas industry and is changing the scenario for exploration activity in many countries throughout the world. In Argentina, the discovery of…
Conclusion In Argentina, YPF is pioneer in unconventional oil exploration and development with the discovery of the Vaca Muerta Shale Oil Play Results to date show the potential of 927 Mboe for high quality crude oil resource…