Vista Energy, a leading shale producer in Argentina, plans to invest $1.1 billion in the Vaca Muerta shale basin, further boosting the country's energy production.
Independent producer Vista Energy , the second-biggest shale producer in Argentina , plans to invest around $1.1 billion in the growing shale basin Vaca Muerta , the company’s founder and CEO Miguel Galuccio told Reuters in an interview published on Wednesday. The Vaca Muerta shale play in Argentina is the top development priority for the company, which also operates an onshore oil and gas field in Mexico.
Today Vaca Muerta is for engineers,” the executive said, referring to the production gains operators can achieve from the shale play. Vista Energy has up to 1,150 locations under development in Vaca Muerta, including 124 wells already drilled. Total production stood at 65,300 barrels of oil equivalent per day boepd in the second quarter of 2024, according to the company’s website.
Vaca Muerta Shale Gas Shale Oil Vista Energy Investment Energy Production Natural Gas Oil Export
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