Chevron aims to triple its production in Vaca Muerta with the largest foreign investment under the RIGI
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The ATR-42 600 aircraft operated by American Jet shakes before landing at El Trapial airfield, amidst crosswind gusts of more than 70 kilometers per hour. Spring is the windiest season in Neuquén, and the dust that rises in the north of the province, near the town of Rincón de los Sauces, is an unavoidable topic of conversation. Vaca Muerta, the geological formation where oil and gas are trapped in a "trap" from which they cannot flow naturally, is expanding its frontiers in the province, and northern Neuquén has become the new hub from which millions of barrels will be extracted for export. There, the stakes of Tecpetrol, Pluspetrol, and Chevron, among other major oil companies, are multiplying. At El Trapial, a field that has had conventional production since the 90s, the American company Chevron has reoriented its activity towards unconventional production and is preparing the largest 100% foreign investment protected under the Regime for Incentive for Large Investments (RIGI): 13.8 billion dollars to triple its production in less than 10 years. El Trapial has its own airfield and 2 daily flights, three times a week, to transport the 350 direct and indirect employees who work for Chevron, thus avoiding a 255-kilometer and approximately 5-hour transfer from the capital of Neuquén. The camp has synthetic grass soccer fields and padel courts for general entertainment. The...
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