YPF Targets 470k Barrels a Day of Shale Oil in 2030

Argentine state-run oil and gas producer YPF said it is targeting net production of 470,000 barrels a day of shale oil from the Vaca Muerta formation by 2030, up from an estimate this year of 165,000, according to an investor presentation at the New York Stock Exchange.

• Click here to view the full presentation
• Net shale gas production target for 2030 is 65m cubic meters/day, up from 26m estimate this year
• Three supermajors are potential offtakers for YPF’s LNG export venture that it is planning with Shell to build FLNGs
  • FID seen mid-2026
• NOTE: Argentina’s Shale Patch a Sure Thing ...