Vista and Aleph Projects (DFC-VISTAALEPH)

Countries
  • Argentina
Where the impacts of the investment may be experienced.
Specific Location
Neuquén Province
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Vista Oil & Gas Argentina S.A. and Aleph Midstream S.A.
The holder of the loan, grant, or other investment.
Sectors
  • Energy
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ DFC website

Updated in EWS Jul 31, 2020

Disclosed by Bank Jun 24, 2019


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Project Description

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.

Investment Description
  • US International Development Finance Corporation (DFC)

None of the funding information was available at the moment of the snapshot.

Contact Information

Location of Local Access to Project Information:

A copy of the Environmental and Social Impact Assessment (ESIA) may be found at the following location:

Biblioteca Central Francisco P. Moreno UNIVERSIDAD NACIONAL DEL COMAHUE Sede Central -Rectorado Buenos Aires 1400, Neuquén PO: Q83000 Provincia de Neuquén Argentina