Vista Oil & Gas Argentina S.A. (VOG hereafter) and Aleph Midstream S.A.(AM hereafter) are applying for financing for the development of unconventional oil and gas production in its Bajada del Palo Oeste block (BPO hereafter), within Bajada del Palo area (BP), as well as for the development of midstream facilities to gather, process and transport unconventional oil & gas production from BPO block.The BPO project is part of the Vaca Muerta (“VM”) shale oil formation.
The Project includes drilling and completion of 110 wells in the next 4-5 years, as well as the construction, installation, operationand maintenance of midstream facilities to gather, process and transport unconventional oil & gas production from BPO (i.e. gathering lines, early production facilities, EPFs, oil, gas and water pipelines, central processing facilities, CPFs, compressor stations, lease automatic custody transfer units, LACT, etc.) tobe developed in the next 8-9 years. Additionally, some of the existing facilities (i.e. crude treatment plant, PTC, gas treatment plant, PTG, etc.) at Entre Lomas area (EL) are to be revamped in order to support the production from BPO.
None of the funding information was available at the moment of the snapshot.
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