Vaca Muerta oil output nears 1M bpd, exports 40%, LNG project due 2027
Published 1 d ago1 sourceEvidence: Reported
Argentina's oil production reached a record high in September, driven by the Vaca Muerta shale formation, the world's second-largest unconventional gas and fourth-largest oil reserve. The increase, led by operators like YPF, Vista, and Chevron, signals sustained growth in Argentina's energy sector, potentially boosting exports and reducing import dependence. The record underscores the strategic importance of Vaca Muerta for national energy security and economic stability.
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