*** Welcome to piglix ***

Vaca Muerta oil field

Vaca Muerta Formation
Stratigraphic range: Tithonian-Berriasian
~148–140 Ma
Type Geological formation
Unit of Mendoza Group
Underlies Mulichinco Fm., Quintuco Fm., Picún Leufú Fm.
Overlies Tordillo Formation
Thickness 30 to 1,200 m (98 to 3,937 ft)
Lithology
Primary Marl
Other Organic shale, lime-mudstone
Location
Coordinates 38°12′0″S 69°30′0″W / 38.20000°S 69.50000°W / -38.20000; -69.50000
Region Neuquén Province
Country  Argentina
Extent >30,000 km2 (12,000 sq mi)
Type section
Named by Charles E. Weaver
Location Salado River valley
Year defined 1931
Country  Argentina
EIA Neuquen Basin.png
Hydrocarbon source rock maturity (Ro %) of the Vaca Muerta. Huincul basement high is shown in grey.
Vaca Muerta
Vaca Muerta is located in Argentina
Vaca Muerta
Location of Vaca Muerta
Country Argentina
Region Neuquén Province
Offshore/onshore Onshore
Coordinates 38°12′0″S 69°30′0″W / 38.20000°S 69.50000°W / -38.20000; -69.50000Coordinates: 38°12′0″S 69°30′0″W / 38.20000°S 69.50000°W / -38.20000; -69.50000
Operator YPF
Field history
Start of development 2011
Start of production 2011
Production
Current production of oil 45,000 barrels per day (~2.2×10^6 t/a)
Estimated oil in place 126 million tonnes
(~ 147×10^6 m3 or 927 MMbbl)
Producing formations Vaca Muerta

Vaca Muerta (in Spanish literally Dead Cow) is a geologic formation of Jurassic and Cretaceous age, located at Neuquén Basin in Argentina. It is best known as the host rock for major deposits of tight oil (shale oil) and shale gas.

The large oil discovery in the Vaca Muerta Formation was made in 2010 by the former Repsol-YPF, which announced the discovery in May 2011. The total proven reserves are around 927 million barrels (147.4×10^6 m3), and YPF's production alone is nearly 45,000 barrels per day (7,200 m3/d). In February 2012, Repsol YPF SA raised its estimate of oil reserves to 22.5 billion barrels (3.58×109 m3). The US EIA estimates total recoverable hydrocarbons from this Vaca Muerta Formation to be 16.2 billion barrels (2.58×109 m3) of oil and 308 trillion cubic feet (8.7×10^12 m3) of natural gas, more than even the Neuquén Basin's hydrocarbon-rich Middle Jurassic Los Molles Formation holds.

The Vaca Muerta Shale is a continuous tight oil and shale gas reservoir of Late Jurassic (Tithonian) and Early Cretaceous (Berriasian) age. The formation covers a total area of 30,000 square kilometres (12,000 sq mi). The shale is at a depth of about 9,500 feet (2,900 m), where it has been found productive of oil and gas. Although called a shale, and with a total organic carbon content varying from 1 percent to 5 percent, the Vaca Muerta is predominately marl and consists of mature black shales, marls and lime mudstones. Formed in a marine environment with little clay and brittle rock, the deposit is 30 to 1,200 metres (98 to 3,937 ft) (usually over 400 metres (1,300 ft)) thick, extending throughout the basin.


...
Wikipedia

...