Vaca Muerta, la joya energética de Argentina, mira con atención el escenario en Venezuela
Vaca Muerta, la ‘joya’ energética de Argentina, mira con atención el devenir de la situación en Venezuela y sus potenciales efectos en el sector petrolero, que podrían incluir a largo plazo un menor margen de rentabilidad para las empresas que operan en la gigantesca formación de hidrocarburos no convencionales del suroeste argentino. Natalia Kidd / […]
TL;DR
- Vaca Muerta, Argentina's energy 'jewel', is observing Venezuela's situation for potential effects on its oil sector.
- The US operation in Venezuela could eventually allow foreign oil companies back, but significant production increases are unlikely in the short to medium term.
- Vaca Muerta might benefit from sustained oil prices due to global instability and Venezuela's slow recovery.
- However, Vaca Muerta could face a more restrictive financial environment with higher discount rates and increased competition for capital.
- Vaca Muerta's profitability threshold is between $35-$45 per barrel, significantly lower than the current Brent price of $63.
- An increase in Venezuelan oil supply could eventually lower Brent prices, potentially slowing investment in Vaca Muerta.
- Geopolitical conflict in South America damages Argentina's image as a secure energy provider.
- Vaca Muerta's operational versatility allows for quicker adjustments to investment and production in response to market changes.