Vaca Muerta growth is central to the company’s strategy plan
Pampa high-grades Argentinian portfolio
The firm is focusing its efforts on gas growth in the Vaca Muerta and widening its power sector footprint
Pampa Energia, Argentina’s largest independent gas and power producer, is enjoying a productive winter season. The company has increased its gas production more than any other producer over the past year, with the bulk of its output from the Vaca Muerta shale play locked into the government’s gas incentive programme at $4.50/mn Btu. And a combination of divestments and power sector capacity additions is helping upgrade the company’s portfolio. Gas production in Q2 reached 259mn ft³/d (7.33mn m³/d), 8pc higher than Q2 2020 and 9pc higher than the previous quarter. Pampa today produces around 6pc of Argentina’s gas, and through its focus on the Vaca Muerta has become the third-largest unconve
Also in this section
10 January 2025
New Petroleum Economist OPEC+ oil survey sees group improve compliance to ensure oil market stability going into 2025
10 January 2025
The region accounts for the biggest share in terms of capital investment in the $2t market
10 January 2025
The importance of the oil and gas sector to the UK and the value of its assets mean 2025 could offer new opportunities and a recovery in activity
9 January 2025
The disconnect between export terminals coming online and vessels being available to transport cargoes means shipping rates are not looking so good, at least in the short term
