References in periodicals archive ?
A 2000m lateral has been drilled and completed in the Vaca Muerta formation in 47 days versus 54 days planned in the drilling prognosis.
to provide pre-front-end engineering design (Pre-FEED) services for a five million tonnes per annum (MTPA) LNG Liquefaction Facility, with a potential expansion to 10 MTPA, at the Vaca Muerta Shale field in Argentina.
This ongoing partnership will allow Shale Support and the Fracht Group to remain committed to the development of the Vaca Muerta Shale and will help to provide a long-term investment for the region.
The story of Vaca Muerta should serve as a warning to these and other countries considering shale gas as a means of strengthening their economies and advancing a low-carbon energy transition.
Last year, ExxonMobil Corp, BP unit Pan American Energy, Wintershall Holding, Total and Equinor, formerly known as Statoil, announced investments in Vaca Muerta.
The success of the development of the Vaca Muerta formation would secure the competitiveness of the Argentine petrochemicals industry at a time when shale-based petrochemicals from the US are due to swamp the local market.
It has approximately 25 MMbbls of conventional 2P reserves, and it also has certified prospective resources of 640 MMboe, primarily in the Vaca Muerta unconventional development in Argentina and over 7.5 m acres across South America.
HOW DID YOU LOWER THE COST PER WELL IN THE CASE OF THE VACA MUERTA FORMATION?