Unconventional oil and gas production from Argentina’s Vaca Muerta shale play is emerging from an intensive de-risking process with its reputation intact, but factors such as the seasonality of domestic demand for natural gas, transport bottlenecks and a fragile economy are still holding the region back.
With its dominant acreage position and interest in attracting more partners, state-controlled YPF has worked hard on pilot and pre-development projects, slashing drilling and completion costs.
