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Considering the significant weight of drilling costs in upstream ventures, saving even a few hours of drilling could lead to substantial cost savings on the overall capital expenditures (Capex). Thanks to the big data revolution, cost optimization still has strong potential in drilling operations.
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YPF has followed an unconventional path up the learning curve to develop the Vaca Muerta, which could be the first big ultratight play developed outside North America.
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Did you know that fracturing is not permitted in parts of the Middle East? And it has been that way for a long time.
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Argentina’s Vaca Muerta shale play is considered one of the most promising unconventional resources in the world. Advertised for years as the next great shale resource outside of the US, foreign investment has now picked up and the play may finally begin living up to its potential.
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After Gustavo Astie, executive manager for unconventionals at YPF, presented what he thought was an aggressive growth plan for the coming year to YPF management, he was asked: Would it be possible to go faster?
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A drive down a gravel road in the Loma Campana follows the steep early learning curve in the Vaca Muerta.
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Recently, IPIECA, the United Nations Development Program, and the International Finance Corporation held a webinar to present their shared understanding of the United Nations’ sustainable development goals for the oil and gas industry.
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Tom Knode, director of health, safety, and environment for Athlon Solutions, discusses the oil and gas industry’s power to build sustainable communities and improve the lives of people in areas of operation.
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Facing increased pressure to deliver neutral cash flows and stronger corporate returns, North American E&P companies hedged more oil and gas production than usual heading into 2018.
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The two supermajors and offshore powerhouses are assessing the latest Gulf of Mexico discovery.