Pluspetrol and GyP announce $12.4B Vaca Muerta investment for 100k bpd

Pluspetrol and Gas y Petróleo del Neuquén announced a $12.4 billion investment in the Bajo del Choique - La Invernada block in Vaca Muerta, including 620 wells and four plants, targeting 100,000 barrels per day. This is a major expansion of Argentina's shale oil production, potentially boosting exports and energy independence. The project's timeline and financing details remain unspecified.