Industry

Government of Neuquén estimated that Vaca Muerta needs a $5 billion investment

The governor of Neuquén estimated that in the current context, investments in Vaca Muerta this year will be around $3 billion while the amount needed for its development is between $5 and $10 billion. Even though we have managed to triple the production since the exploitation of Vaca Muerta began, and the average cost of each well has dropped from 25 to 9 million dollars, we must continue to improve to gain competitiveness.

Source: Ámbito

Categories: Industry