Argentina: Pampa Energia and TGS invest us$712 million in Vaca Muerta

Source: Linkedin News
By: Aldo Leporati

The oil company Pampa Energía announced its expansion plan in which it will invest 412 million dollars in gas exploitation in the El Mangrullo and Las Tacanas Norte fields, where it plans to develop 27 wells, 11 of them in Vaca Muerta.

In an area of 145 square kilometers that El Mangrullo has, Pampa Energía committed an investment of us$ 205 million in the next 5 years for the realization of 19 wells, plus a complementary investment in an early production plant of 500 cubic meters day of gas. The other investment for the exploration, development and production of the Las Tacanas Norte hydrocarbon area will be 207 million dollars.


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