Vaca Muerta shale
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Añelo is a small town in an arid, sparsely populated area with a new supermarket, police station, bank, skate park, hotel, and hospital. In the past decade the population has roughly tripled to 7,000, and in 5 years, it is expected to nearly triple again to 20,000.
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The boom in organic shale plays has revealed the critical need to size hydraulic-facture treatments correctly to achieve commercial success.
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Advanced horizontal drilling, multistage hydraulic fracturing, and other technologies have helped make the Vaca Muerta shale oil and gas resource economically viable.
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Shale explorers in Argentina are reporting that improving performance and activity is set to rise this year to boost the country’s gas production.
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Argentina President Mauricio Macri visited with oil and gas companies in Houston to emphasize that his country’s reforms are making it increasingly attractive for upstream investing.
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