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Vaca Muerta Oil Field
The Vaca Muerta Formation, commonly known as Vaca Muerta (Spanish for ''Dead Cow''), is a geologic formation of Late Jurassic to Early Cretaceous age, located in the Neuquén Basin in northern Patagonia, Argentina. It is well known as the host rock for major deposits of shale oil and shale gas. The large oil discovery in the Vaca Muerta Formation was made in 2010 by the former Repsol-YPF. The total proven reserves are around , and as of 2014 YPF's production alone was nearly .http://www.ypf.com/YPFHoy/YPFSalaPrensa/Paginas/Home.aspx, "YPF firmo un acuerdo con PETRONAS", 18.02.2014 In February 2012, Repsol YPF SA raised its estimate of oil reserves to . The US EIA estimates total recoverable hydrocarbons from this Vaca Muerta Formation to be of oil and of natural gas, more than even the Neuquén Basin's hydrocarbon-rich Middle Jurassic Los Molles Formation holds. As of 2017, there were almost 500 fracking wells, one of the most fracked sites outside North America. Geography ...
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Tithonian
In the geological timescale, the Tithonian is the latest age of the Late Jurassic Epoch and the uppermost stage of the Upper Jurassic Series. It spans the time between 152.1 ± 4 Ma and 145.0 ± 4 Ma (million years ago). It is preceded by the Kimmeridgian and followed by the Berriasian (part of the Cretaceous).See for a detailed version of the geologic timescale Gradstein ''et al.'' (2004) Stratigraphic definitions The Tithonian was introduced in scientific literature by German stratigrapher Albert Oppel in 1865. The name Tithonian is unusual in geological stage names because it is derived from Greek mythology. Tithonus was the son of Laomedon of Troy and fell in love with Eos, the Greek goddess of dawn. His name was chosen by Albert Oppel for this stratigraphical stage because the Tithonian finds itself hand in hand with the dawn of the Cretaceous. The base of the Tithonian stage is at the base of the ammonite biozone of '' Hybonoticeras hybonotum''. A global reference profi ...
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Late Jurassic
The Late Jurassic is the third epoch of the Jurassic Period, and it spans the geologic time from 163.5 ± 1.0 to 145.0 ± 0.8 million years ago (Ma), which is preserved in Upper Jurassic strata.Owen 1987. In European lithostratigraphy, the name "Malm" indicates rocks of Late Jurassic age. In the past, ''Malm'' was also used to indicate the unit of geological time, but this usage is now discouraged to make a clear distinction between lithostratigraphic and geochronologic/chronostratigraphic units. Subdivisions The Late Jurassic is divided into three ages, which correspond with the three (faunal) stages of Upper Jurassic rock: Paleogeography During the Late Jurassic Epoch, Pangaea broke up into two supercontinents, Laurasia to the north, and Gondwana to the south. The result of this break-up was the spawning of the Atlantic Ocean. However, at this time, the Atlantic Ocean was relatively narrow. Life forms of the epoch This epoch is well known for many famous types of dinosau ...
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Business Insider
''Insider'', previously named ''Business Insider'' (''BI''), is an American financial and business news website founded in 2007. Since 2015, a majority stake in ''Business Insider''s parent company Insider Inc. has been owned by the German publishing house Axel Springer. It operates several international editions, including one in the United Kingdom. ''Insider'' publishes original reporting and aggregates material from other outlets. , it maintained a liberal policy on the use of anonymous sources. It has also published native advertising and granted sponsors editorial control of its content. The outlet has been nominated for several awards, but is criticized for using factually incorrect clickbait headlines to attract viewership. In 2015, Axel Springer SE acquired 88 percent of the stake in Insider Inc. for $343 million (€306 million), implying a total valuation of $442 million. In February 2021, the brand was renamed simply ''Insider''. History ''Busi ...
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Vaca Muerta Stratigraphy
Vaca, is an abbreviation of "vacation". Vaca also may refer to: Geography *Vaca Mountains, a mountain range in Napa County, California *Vaca Díez Province, Bolivia * Vaca Mare River, a tributary of the Siriu River in Romania * Vaca Mică River, a tributary of the Siriu River in Romania * Mount Vaca, located in northern California *Key Vaca, an island in the middle Florida Keys *Vaca, the former name for Crișan village, Ribița Commune, Hunedoara County, Romania People * Danny Vaca (born 1990), Ecuadorian football (soccer) player * Doyle Vaca (born 1979), Bolivian football (soccer) player * Edder Vaca (born 1985), Ecuadorian football (soccer) player * Eduardo Vaca, Argentine politician *Jorge Vaca (born 1959), Mexican boxer *Joselito Vaca José "Joselito" Vaca Velasco (born August 12, 1982 in Santa Cruz de la Sierra) is a Bolivian footballer. He currently plays as an attacking midfielder for Blooming in the Liga de Fútbol Profesional Boliviano (Bolivian Professional Leag ...
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Añelo
Añelo is the second category municipality located in the Añelo Department in Neuquén Province, Argentina. Economy The economy of Añelo is based on agriculture. One of the most important crops are grapes as in the near town of San Patricio del Chañar lately the production is dedicated to wine Wine is an alcoholic drink typically made from fermented grapes. Yeast consumes the sugar in the grapes and converts it to ethanol and carbon dioxide, releasing heat in the process. Different varieties of grapes and strains of yeasts are m ... production, a new business in the zone. Añelo and the near towns are provided electricity by Cerros Colorados Complex a dam located few kilometers from the town. Culture The Museo del Sitio, a museum that exhibits mapuche tradition, is located near the city. {{DEFAULTSORT:Anelo Populated places in Neuquén Province ...
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Los Molles Formation
The Los Molles Formation is a geologic formation of Early to Middle Jurassic age, located at northern and central part of Neuquén Basin at Mendoza Shelf in Argentina. It is overlain by the Niyeu–Lajas Formation.McIlroy et al., 2005 Description It is the second largest oil and gas formation in the Neuquén Basin after the Vaca Muerta. Los Molles Formation is estimated to have of technically recoverable shale gas and of technically recoverable oil.EIA, 2013 In July 2015, the ''Buenos Aires Herald'' indicated that Pan American Energy and YPF planned to drill 46 shale gas wells in Los Molles over the next four years in their Lindero Atravesado drilling block, at an estimated cost of US$590 million. Fossil content In several outcrops, the Los Molles formation has been the site of paleontological discoveries: the ichthyosaurs '' Chacaicosaurus'' and ''Mollesaurus'', and, in 2017, an ornithischian, '' Isaberrysaura'', discovered with fossilized contents of the gut.Salgado ...
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Proven Reserves
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil reserves, natural gas reserves, and coal reserves. It is defined as the " antity of energy sources estimated with reasonable certainty, from the analysis of geologic and engineering data, to be recoverable from well established or known reservoirs with the existing equipment and under the existing operating conditions." A reserve is considered proven if it is probable that at least 90% of the resource is recoverable by economically profitable means. Operating conditions are taken into account when determining if a reserve is classified as proven. Operating conditions include operational break-even price, regulatory and contractual approvals, without which the reserve cannot be classified as proven. Price changes therefore can have a large impact on the classification of proven reserves. Regulatory and contractual conditions may change, and also affect the am ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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Repsol-YPF
Repsol S.A.
El Nuevo Herald, 2012-05-31
Originally an initialism for ''Refinería de Petróleos de '' adding the word ''Sol'' (Sun) () is a Spanish multinational energy and petrochemical company based in . It is engaged in worldwide and

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Shale Gas
Shale gas is an unconventional natural gas that is found trapped within shale formations. Since the 1990s a combination of horizontal drilling and hydraulic fracturing has made large volumes of shale gas more economical to produce, and some analysts expect that shale gas will greatly expand worldwide energy supply. Shale gas has become an increasingly important source of natural gas in the United States since the start of this century, and interest has spread to potential gas shales in the rest of the world. China is estimated to have the world's largest shale gas reserves. A 2013 review by the United Kingdom Department of Energy and Climate Change noted that most studies of the subject have estimated that life-cycle greenhouse gas (GHG) emissions from shale gas are similar to those of conventional natural gas, and are much less than those from coal, usually about half the greenhouse gas emissions of coal; the noted exception was a 2011 study by Howarth and others of Co ...
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Tight Oil
Tight oil (also known as shale oil, shale-hosted oil or light tight oil, abbreviated LTO) is light crude oil contained in unconventional petroleum-bearing formations of low permeability, often shale or tight sandstone. Economic production from tight oil formations requires the same hydraulic fracturing and often uses the same horizontal well technology used in the production of shale gas. While sometimes called "shale oil", tight oil should not be confused with oil shale (shale rich in kerogen) or shale oil (oil produced from oil shales). Therefore, the International Energy Agency recommends using the term "light tight oil" for oil produced from shales or other very low permeability formations, while the World Energy Resources 2013 report by the World Energy Council uses the terms "tight oil" and "shale-hosted oil". In May 2013 the International Energy Agency in its ''Medium-Term Oil Market Report'' (MTOMR) said that the North American oil production surge led by unconventio ...
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Argentina
Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, the fourth-largest country in the Americas, and the eighth-largest country in the world. It shares the bulk of the Southern Cone with Chile to the west, and is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south. Argentina is a federal state subdivided into twenty-three provinces, and one autonomous city, which is the federal capital and largest city of the nation, Buenos Aires. The provinces and the capital have their own constitutions, but exist under a federal system. Argentina claims sovereignty over the Falkland Islands, South Georgia and the South Sandwich Islands, and a part of Antarctica. The earliest recorded human prese ...
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