YPF首席财务官Alejandro Lew本月早些时候在庆祝YPF在纽约证券交易所上市30周年的活动上对媒体表示，YPF“处于继续加速Vaca Muerta资源货币化的有利地位”。
曹海斌 摘译自 油价网
Argentina’s YPF Looks To Double Oil Production Within 5 Years
Argentina is the home of the second-largest shale formation in the world, containing an estimated 16 billion barrels of oil and 308 trillion cubic feet of natural gas. IThe state oil and gas company, YPF, has major ambitions in both commodities. YPF plans to double its crude oil output over the next five years and boost natural gas production by 30 percent. And it might succeed.
The production boost plan was announced earlier this month by YPF's chief financial officer, who also said that this year the company would increase its crude oil production by 8 percent, with gas production rising by 3 percent.
The focus of these plans is Vaca Muerta-the Dead Cow shale formation, which has drawn the supermajors to Argentina despite numerous challenges.
Exxon has a 35-year concession for a block in the formation that could, in five years, be pumping 55,000 barrels daily. Chevron is also present in the Vaca Muerta play, as is Shell, which, by the way, has partnered with YPF>But the Argentine state energy major is not stopping with Shell. In fact, it has multiple partnerships in the Vaca Muerta play, the latest that made the news is with Petronas, YPF's Malaysian peer.
The two recently shook hands>The first phase will see the production of some 5 million metric tons of LNG annually. YPF and Petronas are expected to make the final investment decision>The Petronas LNG plans were announced at last week's CERAWeeek conference, where YPF's chief executive, Pablo Iuliano, also said that the company is about to make a final investment decision>The Argentine state oil and gas firm is certainly not sitting idle. Despite the challenges of working in the Vaca Muerta play, such as the lack of infrastructure and long distances to supply locations for materials such as frac sand, the company has been expanding its output there.
Earlier this month, YPF reported that in the final quarter of last year, it had achieved average crude oil production of 232,000 barrels daily. Thanks to higher prices, YPF booked revenues of $4.65 billion for the quarter, up by 24>YPF is "in a good position to continue the acceleration of the monetization of Vaca Muerta resources," the chief financial officer of the company, Alejandro Lew, told media earlier this month at an event celebrating YPF's 30-year history of trading on the New York Stock Exchange.