By Christopher Lenton
RIO DE JANEIRO, BRAZIL - In a panel discussion at CERAWeek by IHS Markit on Wednesday, Argentina’s Pan American Energy CEO Marcos Bulgheroni said the Vaca Muerta field was at an “inflection point.”
He said about US$20 billion has been invested over the last decade, and “the investment is paying off.” About 1,200 wells have been drilled, leading to technical efficiencies in drilling. “We have got to a point where I believe we see huge growth potential in production.”
Gas production is about 900 MMcf/d [million cubic feet/day] from Vaca Muerta, or about . . .
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