YPF Vaca Muerta Seeks Permit for 12-Well US$160M Pilot
The $160 million pilot would test 12 horizontal wells with 2,000-metre laterals and 33 fracture stages each, YPF said.
- On Monday, IMF Managing Director Kristalina Georgieva arrived in Buenos Aires to assess President Javier Milei's economic reforms, marking her first visit since inheriting Argentina's IMF debts in 2019.
- Over nearly 70 years, Argentina has navigated 23 IMF programs, accumulating US$57 billion in debt since the last leader's visit, while remaining a frequent target of public criticism regarding past crises.
- Seeking environmental permits for a US$160 million pilot in Vaca Muerta, YPF is testing 12 horizontal wells designed to supply natural gas to the Argentina LNG megaproject for global export.
- Argentina faces US$3 billion in payments for the remainder of 2026, with obligations rising significantly by 2028; Georgieva expressed optimism the country can avoid seeking additional IMF financing before 2027.
- Whether reform momentum continues across election cycles determines long-term success; investors remain skeptical about continuity in Argentina, though Georgieva believes the country could join emerging markets that reformed their economies and ceased borrowing.
21 Articles
21 Articles
The managing director of the IMF traveled for two hours Loma Campana along with Luis Caputo and Horacio Marín; oil is key to external accounts
During her brief visit to the Neucan field of Loma Campana, the holder of the multilateral credit agency met one of Argentina's fastest growing sectors and one of the main sources of foreign exchange.
YPF Vaca Muerta Seeks Permit for 12-Well US$160M Pilot
Argentina's state-controlled energy company YPF is advancing a pilot plan to drill 12 horizontal wells in the Vaca Muerta shale formation's Meseta Buena Esperanza block. The US$160 million project, announced in late July 2026, is designed to supply natural gas to the Argentina LNG megaproject. The post YPF Vaca Muerta Seeks Permit for 12-Well US$160M Pilot appeared first on The Rio Times.
The head of the International Monetary Fund (IMF) will visit the Loma Campana site where YPF President Horacio Marín will welcome her. The challenges for this new stage of the program
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, has visited with the helmet and working clothes of YPF to tour the main field that the oil company operates within the gigantic formation of unconventional hydrocarbons of Vaca Muerta, in southwestern Argentina. Georgieva, who on the eve met in Buenos Aires with the Argentine president, Javier Milei, toured the Loma Campana field, together with the Argentine Mi…
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