Argentine shale needs decades of stability

Argentina’s Vaca Muerta could be one of the world’s premier shale plays, but the country’s politics need to be predictable for this to happen Argentina’s Vaca Muerta could be one of the world’s premier shale plays, but the country’s politics need to be predictable for this to happen.
By Chris Noon 16 August 2016 0 21533
Drilling in Argentina’s Vaca Muerta shale gas prospect. (YPF)

Argentina’s huge unconventional gas potential is only likely to be realised with political stability, which is the country’s best hope of energy policy continuity and uninterrupted investment, experts have said.

Production from Argentina’s huge Vaca Muerta shale formation in southern Patagonia could increase to around 560,000 barrels per day of liquids and 170 million cubic metres per day (MMcm/d) of gas by 2040, according to IHS Markit, which published a study on Vaca Muerta last week.

This would mark a huge increase from the country’s current...

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