Vaca Muerta and Unconventionals

摘要

Vaca Muerta is home to most of Argentina's 27 billion barrels of unconventional oil and 802 Tcf of unconventional natural gas. When asked whether Vaca Muerta's development will come at the expense of other unconventional plays in Argentina, Lopez Anadon of the IAPG responded: "Yes. Except for a couple of wells that have been drilled in the San Jorge basin in the D-129 formation, the bulk of shale exploration and development has been in the Neuquen basin, specifically in the Vaca Muerta formation. Other areas present challenges and difficulties that make them less attractive as an investment for the time being. Oil and gas companies will begin developing unconventional resources in the rest of Argentina's basins only after they overcome the learning curve at Vaca Muerta."