December 24, 2024 15:45 GMT
ENERGY: Vaca Muerta Oil Output Seen at 1m b/d by 2030: PWC
ENERGY
Output from Argentina’s Vaca Muerta shale play is expected to be 1m b/d in 2030, according to estimates from professional services firm PWC, cited by Bloomberg.
- Gas output from Vaca Muerta is seen reaching 250 mcm/d in 2040.
- Vaca Muerta oil production was 403k b/d in August, up 35% year on the year.
- The shale play’s gas production was 83 mcm/d, up 22% on the year.
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