• Global Gas Analytics
  • Analysis & Forecasts

Americas Production

October 2018

Argentina’s Neuquén and Austral basins will drive the country’s gas production in 2018 and 2019.

The worsening currency crisis in Argentina will be a headwind to foreign investment in the country’s upstream sector, and this is expected to hit output in the medium-to-long term. Gas produced from Neuquén, which contains the Vaca Muerta shale play, is all onshore while most of Austral’s gas comes from offshore fields. Gas output from the two basins amounted to 23 bcm in the first seven months of 2018, marking a...