Friday , June 24 2022

Gas and oil production rebounded in October


Hydrocarbon production continued its progress in October thanks to the dynamic dynamism of Vaca Muerta.

As in 2018, the best results were observed in gas, which had a total increase of 7% and collected consecutive elevations for eleven months.

Recovery is explained by an increase of 38% of non-traditional compensating for the weak result in traditional wells showing burnout a few years ago.

Sheyl was also the most dynamic sector with an impressive increase of 243% compared to the same month of the previous year and 11% compared to September of this year.

In terms of oil, a similar behavior was observed that the unconventional increased by 15% and shales were 70% and 3% compared to the previous month.

In this case, the total production of the month increased by only 2% and increased by 8 months in a row, considering that about 90% of the total came from traditional wells.

In any case, returns do not mean a very important development, since 2017 figures are the lowest level of the last two decades.

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