The Vaca Muerta shale formation in Argentina is arguably the most developed unconventional oil and gas play outside North America, and has attracted billions of US dollars in investments since the beginning of the decade.
While the business-friendly government of President Mauricio Macri has pushed for incentives since he took office in 2015, operators in the region, including domestic producer YPF, agree that more needs to be done to improve competitiveness.
