Question · Q2 2025
Asked about the evolution of drilling costs, expected shale oil production from Rincon de Aranda, and the status of the Rio Neuquen project.
Answer
Drilling costs are decreasing due to efficiency gains, with total well costs expected to fall from $15.5M to ~$13M. Rincon de Aranda production is expected to average around 18,000 bpd in Q4. The Rio Neuquen project is still in an early, exploratory pilot phase.
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