28 December 2022 | Other

Argentina's shale boom ends

Shale oil and gas production in Argentina’s Vaca Muerta has increased sharply over the past years. However, its growth may decelerate now as oil and gas pipelines near capacity. 

The Vaca Muerta is considered to be the second largest shale gas reserves and the fourth largest oil reserves of its kind in the world. 

According to data released by Reuters, Argentina is running out of pipelines and is struggling with a lack of fracking equipment and utilities, as well as other problems. They all threaten output growth. 

Pablo Trovarelli, head of midstream operations at a gas treatment plant run by Transportadora de Gas del Sur (TGS), noted that there isn't enough capacity to move oil to market. He said that new pipelines should be built to support gas and oil production growth. Otherwise, the company will fail to inject more gas.

According to Ricardo Markus, president of Tecpetrol, the oil and gas output could be increased if demand for oil and gas would grow as local and regional demand is not enough. Marcus said that the country should promote investment in LNG export infrastructure which it lacks. 

Company MarketCheese
Period: 26.05.2026 Expectation: 2520 pips
Buying BTCUSD with $79,600 target as rebound odds grow
Today at 09:12 AM 6
Period: 26.05.2026 Expectation: 740 pips
Buying Brent crude with $118.40 target amid rising physical deficit
Today at 07:19 AM 3
Period: 19.06.2026 Expectation: 4500 pips
Invest in Tesla shares up to $450
Today at 06:47 AM 5
Period: 18.06.2026 Expectation: 6140 pips
Selling silver down to $70
Yesterday at 11:30 AM 27
Period: 30.06.2026 Expectation: 4500 pips
Go short on USDJPY with intervention zone in sight
Yesterday at 10:25 AM 31
Period: 25.05.2026 Expectation: 2000 pips
S&P 500 dips due to profit-taking and NVIDIA’s upcoming report
Yesterday at 10:00 AM 21
Go to forecasts