Chevron Confirms “Impressive Progress” Of Vaca Muerta Shale Oil Production

Patrick Archer competitiveness, foreign investment, real estate, us companies

The Vaca Muerta shale formation in Argentina’s Neuquen Basin continues to generate positive results and press releases for Chevron Corporation. Chevron Reaffirms Investment & Highlights¬†Results is the headline of an article in today’s Diariamente Neuquen which says the California-based company’s Loma Campana well has doubled hydrocarbon output since January 2014. The Chevron press release touted the “impressive progress” of the …

Chevron Announces Expanded Drilling Plan For Vaca Muerta Shale

Patrick Archer competitiveness, foreign investment, us companies

Nine months after signing an agreement with YPF to explore oil and gas resources in Argentina’s Neuquen province, Chevron (NYSE: CVX) just announced an expanded drilling plan for the Vaca Muerta shale formation. “Chevron Will Drill 140 Wells In Vaca Muerta This Year” is the headline of iProfesional’s summary of the Chevron announcement which includes the California-based company’s outlook for …