Natural Gas Daily Latin America & Caribbean Exploration & Production

Does BP want a driving seat in Argentine shale play?

By The Wildcat 21 September 2016
PAE wants its own portion of the Aguada Pichana block, which it currently shares with YPF and others. (YPF) PAE wants its own portion of the Aguada Pichana block, which it currently shares with YPF and others. (YPF)

It is no secret that BP wants a taste of the famous Dead Cow – Argentina’s giant Vaca Muerta shale play. However, it now appears the supermajor is after a prime cut.

Sources have told Wildcat that Pan American Energy (PAE), BP’s Argentine subsidiary, is seeking a firmer foothold in a key block before drilling. "PAE wants to split up the [Neuquén-based] Aguada Pichana block and become operator of their portion," a source close to the company, who wished to remain anonymous, told Wildcat last week.

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