Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Industry / Argentina

YPF Upstream Outlook Brightens As Business Environment Worsens

March 2012 | Industry News

BMI View: YPF has made two new discoveries in the Vaca Muerta shale, suggesting that the formation extends to the Mendoza province. It is estimated that Mendoza could hold as much 1bn boe of unconventional resources which could potentially be added to audited contingent resources of 1.5bn boe in the Vaca Muerta formation. Although this brightens YPF's operational outlook, we continue to highlight the growing risks stemming from the country's business

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