Vista becomes second-largest shale oil producer in Argentina

Vista Oil & Gas became the second largest crude oil producer in Vaca Muerta. With its volume of 15,278 barrels of shale-oil in December, the company contributed 12% of the total generated by the formation, behind YPF’s 57% and ahead of Shell’s 10%. For this year, the company plans to bring four wells per quarter on stream. Since it began operating in Argentina in 2018, Vista has increased its hydrocarbon production by more than 24% and reduced its costs by 43%.

Source: El Cronista