Argentina’s oil and gas firm YPF SA targets to boost its market capitalization fourfold over the next four years, betting on growing its production from the key Vaca Muerta shale play, Reuters reports. The Vaca Muerta shale play is estimated to hold recoverable resources consisting of 16 billion barrels of oil and 308 trillion cubic feet of natural gas. Those numbers make the Vaca Muerta the world’s second-largest shale gas deposit.
February 6, 2024
SOURCE: OIL PRICE
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