Operations at Argentina’s Loma Campana Field are back to normal after protests by indigenous groups, the state-controlled YPF told Reuters July 30.
The Zonal Xwanco and Campo Maripe communities protested over their territorial claims to the field in the southern Neuquén province, which accounts for nearly all of Argentina's shale production.
YPF is exploiting that field together with Chevron Corp . Argentina is trying to ramp up exploitation of its vast but barely tapped Vaca Muerta shale formation to ameliorate an energy deficit that is causing financial strains.
The disruption caused a production loss of 10,000 barrels of oil and about 1.5 million cubic meters of gas, YPF said.
The protest started on the morning of July 28.
"YPF considers it necessary for (the protesters) to end this kind of attitude that runs contrary to the interests of a country that today, in a complex international context, needs everyone to make an effort so it can once again become self-sufficient in energy."
Recommended Reading
EIA: Permian, Bakken Associated Gas Growth Pressures NatGas Producers
2024-04-18 - Near-record associated gas volumes from U.S. oil basins continue to put pressure on dry gas producers, which are curtailing output and cutting rigs.
Exclusive: Mitsubishi Power Plans Hydrogen for the Long Haul
2024-04-17 - Mitsubishi Power is looking at a "realistic timeline" as the company scales projects centered around the "versatile molecule," Kai Guo, the vice president of hydrogen infrastructure development for Mitsubishi Power, told Hart Energy's Jordan Blum at CERAWeek by S&P Global.
Benchmark Closes Anadarko Deal, Hunts for More M&A
2024-04-17 - Benchmark Energy II closed a $145 million acquisition of western Anadarko Basin assets—and the company is hunting for more low-decline, mature assets to acquire.
US Orders Most Companies to Wind Down Operations in Venezuela by May
2024-04-17 - The U.S. Office of Foreign Assets Control issued a new license related to Venezuela that gives companies until the end of May to wind down operations following a lack of progress on national elections.
Google Exec: More Collaboration Needed for Clean Power
2024-04-17 - Tech giant Google has partnered with its peers and several renewable energy companies, including startups, to ramp up the presence of renewables on the grid.