Vaca Muerta - Argentina Gas Resources
The Vaca Muerta Formation is a significant unconventional hydrocarbon reservoir located in Argentina's Neuquen Basin, known for its shale gas and shale oil potential, and is considered one of the world's largest unconventional hydrocarbon reservoirs. Vaca Muerta holds ~ 40% of Argentina’s shale gas resources, with geology and well performance comparable to top-tier U.S. shale plays.
Argentina holds the world's second-largest shale gas resources (~800 TCF), with Vaca Muerta alone accounting for ~300 TCF.
Competitive breakeven costs – Well performance is comparable to the best wells in the Permian Basin.
The Cordillera Sur Energía LNG Project would require reserves of approximately 3 TCF for a 20-year operating life.
This would amount to about 1% of the estimated Vaca Muerta shale gas reserves.
Competitive breakeven costs – Well performance is comparable to the best wells in the Permian Basin.
The Cordillera Sur Energía LNG Project would require reserves of approximately 3 TCF for a 20-year operating life.
This would amount to about 1% of the estimated Vaca Muerta shale gas reserves.
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