Oil company Vista Energy announced this Thursday, November 12, an investment of more than $5,000. $4.5 billion for Vaca Muerta; The company aims to increase production by 60% to reach 180,000 barrels per day (boe/d) in 2028, with production forecast for 2030 at 200,000 barrels per day.
The company has already invested more than 6 billion dollars Argentina is a major independent crude oil producer and has established itself as the country’s largest oil exporter.
Vaca Muerta crosses sectors and plans to provide funding to the next government
Vista reported in an official statement that it expects export revenue to be $8 billion in 2018. next 3 yearsadjusted EBITDA through 2028 would be $2.8 billion, representing 75% growth compared to the 2025 forecast.
The founder, Vista Energy, Miguel Galluccio He pointed to the initiatives undertaken by the company, believing that “in a global situation where energy demand continues to increase, efficient, low-cost producers will make a difference.”
“Reinforcing our culture of high performance, agile, and world-class teams was key to continuity.” lead development of Vaca Muerta,” Galluccio said.
Vista’s new strategic plan
The oil company announced its new strategic plan to the international financial community. 3rd Investor DayThe event marked a new milestone for the company, with live attendance by more than 15 representatives from the world’s leading financial institutions, including Bank of America, Citi, Goldman Sachs, JP Morgan, Morgan Stanley, Santander, and UBS.
According to planning forecasts, between 2026 and 2028, Vista will be around 1.5 billion dollars (Assuming a Brent price scenario of $65-70 per barrel). With this level of cash generation, maintain growthstrengthen financial structure and maintain long-term investment ability.
Exports from Vaca Muerta could change energy geopolitics
Vista’s first strategic plan was announced in 2021, and since that moment, production has tripled and adjusted EBITDA quadrupled, increasing from $380 million to $1.6 billion in 2025. Stock price expands With an annual compound interest rate of 73%, it ranks among the best-performing E&P companies worldwide.
With the new announcement, the company has approved a unique operating model that redefines the way it operates. Produce hydrocarbons in Vaca Muerta.
Investment added to Vaca Muerta
argentina oil company YPF and italian ENI signed the technical end of a huge project to Produce and export 12 million tons of LNG annually of Liquefied natural gas (LNG) from dead cowincluding forecasts for LNG and related liquids exports that could reach 14 billion USD per year.
The agreement came after eight months of negotiations and the first meeting between the two countries. Javier Millay, Claudio Descalzi, Horacio Marinstart exporting by 2029, 30 million tons per year At that first stage.
YPF takes over two suspected total deposits and expands in Vaca Muerta
Claudio DescalziCEO of ENI -Ente Nazionale Idrocalbri- Horacio MarinYPF President signed the final engineering contract in Buenos Aires on Friday, October 10th. Final investment decision (FID)– For one of the phases of the projectArgentina LNG” aims to be the largest LNG export development in the country’s history.
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