Post Tagged with: "Argentina"

Source: Reuters

Big Oil seeks refuge in Brazil from Latam regional turmoil

Source: Reuters


RIO DE JANEIRO/MEXICO CITY (Reuters) – When executives arrive in Rio de Janeiro this week for Brazil’s biennial Offshore Technology Conference, they will find themselves in Latin America’s most promising market for Big Oil by far. That marks …

Argentina’s June Gas Production Hits Highest Level in 11 Years

Argentina’s June Gas Production Hits Highest Level in 11 Years

From Reuters


Argentina’s gas production rose to 140 million cubic meters a day in June, the highest level in 11 years, the government said on Saturday.

That amount represented growth of 5.8% compared with the same period last year.

Argentina’s …

Excelerate Energy’s EXCALIBUR LNG carrier (source: PR Newswire)

YPF Partners with Excelerate on LNG Exports

By Tyler Losier, Energy Reporter, Oil & Gas 360

YPF S.A. reaches preliminary agreement with Excelerate Energy to charter LNG carrier
YPF S.A., the state-operated oil company of Argentina, has reached a preliminary agreement with Excelerate Energy, a U.S.-based LNG

Source: Wintershall Dea

Wintershall Partners with ConocoPhillips in Argentina’s Vaca Muerta

By Tyler Losier, Energy Reporter, Oil & Gas 360

German E&P Wintershall Dea teams up with ConocoPhillips to develop Argentina’s Neuquén Basin
Wintershall Dea, a German-based E&P with a global asset portfolio, has signed a sales and purchase agreement (SPA)

EcoStim Energy Solutions provides completion and stimulation services in Argentina's Vaca Muerta shale play.

Seasonal Demand Patterns Give Argentinian LNG a Unique Opportunity

By Tyler Losier, Energy Reporter, Oil & Gas 360

Vaca Muerta production growth leads to LNG exports
In the past few years, Argentina’s natural gas production has been steadily rising, mainly due to an increased focus on the Vaca Mueta

EcoStim Energy Solutions provides completion and stimulation services in Argentina's Vaca Muerta shale play.

The Dead Cow Finally Produces Oil, a Century After Its Discovery

From Bloomberg


Argentine shale formation sees first crude and LNG shipments, drillers still face many infrastructure, political challenges

Along the western edge of Argentina’s Patagonia, on an arid steppe nestled against the Andes mountains, lies a shale formation known as …

Vaca Muerta Basin Gets Green Light from Oil Major

Vaca Muerta Basin Gets Green Light from Oil Major

ExxonMobil to proceed with long-term development, two-phase attack in South American shale play
Tuesday morning, ExxonMobil (stock ticker: XOM) announced its plans to proceed with the long-term development of its assets in the Vaca Muerta basin in Argentina’s Bajo del

Eni Wins Bid for Exploration Off Argentinean Coast

Eni Wins Bid for Exploration Off Argentinean Coast

By Tyler Losier, Energy Reporter, Oil & Gas 360

 
Italian supermajor will have 80% stake
Argentinian authorities awarded an Eni-led consortium the exploration license for block MLO 124, located approximately 100 kilometers off the coast of Tierra del Fuego

Argentina’s YPF Seeks to Sell First LNG Cargo

Argentina’s YPF Seeks to Sell First LNG Cargo

Gas sourced from Vaca Muerta

From Bloomberg Singapore/Gulf Times

Argentina is offering its first-ever liquefied natural gas cargo, putting the nation on the verge of becoming a regular exporter of the fuel.

YPF SA, the state-run oil and gas producer, …

May 20, 2019 - 1:22 pm Closing Bell Story‎, Energy News, LNG
EcoStim Energy Solutions provides completion and stimulation services in Argentina's Vaca Muerta shale play.

Vista Oil & Gas Is Opening the Spigots on Argentina’s Vast Shale Play

From Bloomberg

Vista Oil & Gas is breathing a new kind of life into Vaca Muerta, the vast shale play under development in Argentina.

Eight years ago, the region was untapped. Then YPF SA, the state-run driller, broke ground, …

February 28, 2019 - 2:00 pm Closing Bell Story‎, Energy News, Natural Gas News
EcoStim Energy Solutions provides completion and stimulation services in Argentina's Vaca Muerta shale play.

Government of Argentina Can’t Afford to Pay Vaca Muerta Oil, Gas Development Subsidies to Producers

Failure to achieve energy plan likely

From IEEFA

The Argentine government’s plan to develop the massive Vaca Muerta oil and gas reserves in northern Patagonia has hit a major obstacle. The success of the plan requires the Argentine government to …

February 8, 2019 - 4:45 pm Closing Bell Story‎, Energy News
Shell Will Increase Vaca Muerta Shale Production

Shell Will Increase Vaca Muerta Shale Production

Shell Argentina invests to increase shale output after selling downstream assets

December 28, 2018 - 6:00 am Closing Bell Story‎, Downstream, International, Press Releases
GeoPark Increases Stake in Colombia and Chile, Announces Share Buy Back

GeoPark Increases Stake in Colombia and Chile, Announces Share Buy Back

Latin America-based GeoPark Limited (stock ticker: GPRK) has been extending its reserves and announced plans to buy back shares in 2019.

Last month, GeoPark increased its equity interest to 100% in its Colombian and Chilean businesses, blocks, and reserves, including

December 21, 2018 - 1:35 pm Closing Bell Story‎, International
Calfrac Announces 2019 Capital Program

Calfrac Announces 2019 Capital Program

Calgary-based Calfrac Well Services Ltd. (stock ticker: CFW) provided details today on its 2019 capital program:

Approximately $149 million will be spent, including $126 million of maintenance capital
$11 million of refurbishment capital and $12 million related to corporate initiatives

December 6, 2018 - 2:33 pm Canada, Closing Bell Story‎, Oilfield Services
Argentina Re-Ignites Labor Deal to Spur Investment in Vaca Muerta

Argentina Re-Ignites Labor Deal to Spur Investment in Vaca Muerta

From Reuters

BUENOS AIRES (Reuters) – Argentina relaunched a one-year-old agreement between the government, companies and workers on Tuesday to drive competition and spur development in the Vaca Muerta shale play, the government said in a statement.

Argentina’s President Mauricio …

August 31, 2018 - 5:09 pm Closing Bell Story‎, Energy News
GeoPark Production Moves to 35 MBOEPD

GeoPark Production Moves to 35 MBOEPD

Latin American E&P operator GeoPark Limited (ticker: GPRK) released a production update today, noting that current production is currently at 35 MBOEPD. This figure includes production from the recent Argentina acquisition.

  • Oil production increased by 33% to 27,345 BOPD (up
Eco-Stim Energy Pushes Further Into STACK

Eco-Stim Energy Pushes Further Into STACK

Eco-Stim Energy Solutions, Inc. (ticker: ESES) reported a net loss of $26.9 million, or $(0.41) per basic and diluted share for the full year of 2017. For Q4 2017, EcoStim reported a net loss of $9.1 million, or $(0.12) per …

PentaNova Llancanelo Aerial View

PentaNova and YPF Heading to Argentina’s Largest Heavy Oil Fields

PentaNova Energy Corp. (ticker: PNO) signed the final agreement with Argentina’s National Oil Producer YPF to farm in on 11% of the Llancanelo heavy oil field. The agreement takes PentaNova to a 50% working interest partnership in the field.

A

Exclusive Video Interview with EcoStim Energy Solutions President & CEO Chris Boswell

Exclusive Video Interview with EcoStim Energy Solutions President & CEO Chris Boswell

EcoStim Energy Solutions: ~80% of revenue will be in the U.S. going forward; 2-year contract with YPF provides foundation for growth in Argentina  

At its recent 2017 The Oil & Gas Conference®, EnerCom’s Oil & Gas 360® conducted an exclusive …

Eco-Stim: A Cleaner Approach to Oilfield Service

Eco-Stim: A Cleaner Approach to Oilfield Service

Eco-Stim Energy Solutions Inc. (ticker: ESES), an oilfield service company focused on providing support to oil and gas operators while simultaneously reducing its environmental impact, has had a growth spurt in the past few months.

A variety of services

Eco-Stim …

GeoPark Ltd. – Day Two Breakout Notes

GeoPark Ltd. – Day Two Breakout Notes

GeoPark presents at EnerCom’s The Oil & Gas Conference®

 During GeoPark’s breakout session, management was asked the following questions:

  • What is the expectation for Brazil to open up their onshore assets?
  • Have core samples been extracted from your Llanos 34

Tillerson Sees ExxonMobil Investing $10 Billion in Argentina’s Vaca Muerta Shale Play

Exxon Mobil Corp. may invest more than $10 billion as it transplants the U.S. shale-drilling model to Argentina’s Vaca Muerta region in the next few decades, Chairman and Chief Executive Officer Rex Tillerson said Thursday.

The oil giant has so …

June 6, 2016 - 12:31 pm Closing Bell Story‎, Energy News
Crown Point Operating and Financial Results for Q1 2016, Argentina Update

Crown Point Operating and Financial Results for Q1 2016, Argentina Update

CALGARY, ALBERTA–(Marketwired – May 10, 2016) – Crown Point Energy Inc. (“Crown Point”, the “Company” or “we) (TSX VENTURE:CWV) today announced its operating and financial results for the three months ended March 31, 2016.

Copies of the …

May 11, 2016 - 3:53 pm Canada, Closing Bell Story‎, Earnings, Energy News
Two Oil Service Companies are About to Add Facilities, Equipment and Personnel

Two Oil Service Companies are About to Add Facilities, Equipment and Personnel

Shortage of Frac Crews, Equipment Drives Favorable Pricing in Argentina

“Eighty percent of the shale in the world has been identified as being outside of North America,” EcoStim Energy Solutions (ticker: ESES) CEO Chris Boswell told Oil & Gas 360® …

Interview with Chris Boswell, President and CEO of EcoStim Energy Solutions at The Oil & Gas Conference® 20

Interview with Chris Boswell, President and CEO of EcoStim Energy Solutions at The Oil & Gas Conference® 20

EcoStim Energy Solutions CEO, Chris Boswell, speaks with Oil & Gas 360® in an exclusive video interview at EnerCom’s The Oil & Gas Conference® 20. EcoStim is a well stimulation and completion services company that works exclusively in Argentina serving …

September 1, 2015 - 4:40 pm Oil and Gas 360 Articles, Straight Answers, TOGC, Videos
Argentina-Great Britain Dispute Reaches Oil and Gas Sector

Argentina-Great Britain Dispute Reaches Oil and Gas Sector

Britain Condemns Argentina’s Claim of Sovereignty

Argentina and Great Britain are at odds, and offshore hydrocarbon development is getting swept up in the disagreement.

On Saturday, an Argentinian federal judge ordered the seizure of the equipment and bank accounts of …

June 30, 2015 - 6:37 pm International, Offshore, Oil and Gas 360 Articles
After North America, Argentina and China Lead Shale Development

After North America, Argentina and China Lead Shale Development

Currently only four countries produce commercial amount of shale resources

The shale revolution has unlocked tremendous natural resource potential in the United States and Canada, with other countries trying to take advantage of shale gas and tight oil. As recently …