According to the latest report prepared by Luciano Fucellocountry manager of NCS Multistage, 1,403 fracture stages were completed, representing a 4.65% drop compared to August, which recorded 1,465 punctures. This decrease places September among the three months with the least activity this year, surpassing only January and February.
The peak of activity in Dead Cow was reached in March, with 1,643 fracturesfollowed by subsequent months that exceeded 1,500, but the September trend reflects a worrying slowdown for the sector.
Despite this decline, no operator fell below 100 fracture stages, indicating that activity continues, although at a slower pace.
As far as he could know Energy Reportthe main factor of the fall is the climaticdue to low temperatures and snow, and to a lesser extent, some protests with road closure during which they prevented oil workers from reaching the fields on time during September.
Vaca Muerta: how the main operators fared
YPF, the main operator, stood out in September by completing 708 stages of fracturewhich represents almost half of the total punctures performed. He followed Pan American Energy (PAE) with 164 fractures, while Pluspetrol and Tecpetrol They performed 145 and 142 punctures, respectively. Vista and Phoenix They closed the month with 136 and 108 fractures.
In the field of services, Halliburton and Schlumberger They dominated the activity, concentrating 61% of the operations. Halliburton completed 470 fractures, mostly for YPFwhile Schlumberger performed 383 punctures, distributed among several operators.
Infrastructure outlook in the energy sector
The fall in the stages of fracture in Dead Cow It coincides with a context in which Argentina plans significant investments in infrastructure to enhance its hydrocarbon production capacity.
Notable projects include the construction of new natural gas liquefaction (LNG) plants and the expansion of oil and gas pipelines, which are crucial for the transportation and export of oil and gas.
In The Government plans to increase gas production to 200 million cubic meters per day by 2025which underlines the importance of optimizing existing infrastructure.
The completion of Néstor Kirchner Gas Pipelinewhich will connect Dead Cow with the central and northern provinces of the country, is one of the most anticipated projects and promises to transform the dynamics of the sector.
The other great work is the construction of the Vaca Muerta Southern Pipeline (VMOS)which will allow increasing the unconventional production of oil and create an energy export platform, which can then be used for the export of LNG with its own plant in Punta Colorada.
Currently, the VMOS The first section of the pipeline is underway, which will extend between the towns of Anelo (Neuquén) and Allen (Black River)where it will connect with the Oldelval.
In this context, the coming months will be crucial for the future of Dead Cow and the Argentine energy sector, where the need to adapt to fluctuating fracking activity adds to ambitious production and infrastructure goals.
Source: Ambito
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