Friday , June 24 2022

Gas and oil production rebounded in October



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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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