Argentine shale needs decades of stability

By Chris Noon 16 August 2016 12:21 GMT
Drilling in Argentina’s Vaca Muerta shale gas prospect. (YPF) 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.