ExxonMobil Proceeds with Argentina Expansion Project in Vaca Muerta Basin

Dateline City:
IRVING, Texas

  • Project to complete 90 wells, a central production facility and export infrastructure
  • First phase peak production to reach 55,000 oil-equivalent barrels per day in five years

IRVING, Texas–(BUSINESS WIRE)–ExxonMobil
said today it is proceeding with a long-term oil development in
Argentina’s Bajo del Choique-La Invernada block. The project is expected
to produce up to 55,000 oil-equivalent barrels per day within five years
and will include 90 wells, a central production facility and export
infrastructure connected to the Oldeval pipeline and refineries.

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