Exploration & Production

Argentina slips up in comeback tale

A notable slowdown in production came as a surprise for Argentina, which has trumpeted big investments and generous subsidies in 2017 A notable slowdown in production came as a surprise for Argentina, which has trumpeted big investments and generous subsidies in 2017.
By Chris Noon 3 August 2017 0 27040
A well in Argentina. (Wintershall)

Argentine gas production will slow in H2 2017 after two years of uninterrupted growth, several Buenos Aires-based sources have said. The experts blame the slowdown on a hefty decline in associated gas from conventional fields.

“Average production in June 2017 was 1.7 million cubic metres per day [MMcm/d] lower than June 2016,” according to a gas market forecast sent to Interfax Natural Gas Daily by Daniel Gerold, president of Buenos Aires-based G&G Energy Consultants. Argentina’s government has not published June