Argentina Oil Fields Map

Argentina’s oil and gas industry dates to the early 1900s, with landmark finds at Comodoro Rivadavia (Chubut) and, later, Loma La Lata (Neuquén). The modern growth engine is Vaca Muerta in the Neuquén Basin—one of the world’s largest shale plays—where tight-oil and shale-gas have driven multi-year output gains and a return to net-export growth for crude.

Operators & capital: YPF (founded 1922) remains the anchor producer alongside Pan American Energy (PAE) and Vista. Majors—including Chevron, ExxonMobil, Shell, and TotalEnergies—operate and partner across Vaca Muerta and conventional basins under Argentina’s fiscal regimes. Offshore exploration continues at a measured pace; onshore tight-oil is the focus.

Argentina — 2023–2025 production snapshot

Natural gas highlights

• 2024 (Jan–Sep) output averaged ~5.0 Bcf/d (+5.2% y/y); Aug 2024 hit ~5.4 Bcf/d (21-year high). Vaca Muerta provided ~70%+ of national gas.
• Néstor Kirchner (Perito Moreno) Gas Pipeline Phase 1 entered service in 2023; Bolivia pipeline imports ended Sep 2024; exports to Chile rose to ~0.25 Bcf/d (Jan–Sep 2024 avg). Capacity uplift tenders in 2025 aim to add ~14–20 MMm³/d.

Exports & infrastructure (2023–2025)

• Crude exports averaged ~128 kb/d in 2023 → ~154 kb/d in 2024 → ~180 kb/d in H1-2025, led by Medanito from Neuquén.
• Oil takeaway expanded: Oldelval’s Atlantic route was upgraded (targeting ~540 kb/d), the Trans-Andean (OTASA) line to Chile re-opened, and the Vaca Muerta Oil Sur (VMOS) project advanced toward a new export terminal at Punta Colorada.

Outlook: With shale driving growth and midstream constraints easing, Argentina is tracking toward sustained crude output above recent records, while gas policy and LNG project pacing will shape medium-term export potential.

• U.S. EIA — Country Analysis: Argentina (liquids 2023)
• U.S. EIA Today in Energy — Argentina crude & gas records (Dec 5, 2024)
• Secretaría de Energía — 2024 crude average 717.1 kb/d (Jan 24, 2025)
• S&P Global — H1-2025 exports ~180 kb/d; Oldelval/VMOS expansions
• Reuters — Record monthly crude >800 kb/d in Aug 2025
• U.S. Trade.gov — 2023 crude exports ~128 kb/d; Sep 2024 records
• Reuters — Néstor Kirchner Gas Pipeline commissioning (Jul 2023)
• Global Energy Monitor — 2025 compressor expansion tender & capacity

Field Acronyms

EUR_MMBOE = Estimated ultimate recovery in million barrels of oil equivalent

Giant oil and gas fields = those with 500 million barrels (79,000,000 m3) of ultimately recoverable oil or gas equivalent.

Super giant oil field = holds equivalent of 5.5bn barrels of oil reserves.

Oil Field Key

• EUR_MMBOE: Estimated Ultimate Recovery in million barrels of oil equivalent (MMBOE).
• RSVS_MMBOE: Reserves in million barrels of oil equivalent (MMBOE).
• EURO_MMBO: Estimated Ultimate Recovery of oil in million barrels of oil (MMBO).
• EURG_TCFG: Estimated Ultimate Recovery of gas in trillion cubic feet of gas (TCFG).
• EURC_MMBO: Estimated Ultimate Recovery of condensate in million barrels of oil (MMBO).
• HL10_MMBOE: Hydrocarbon recovery estimate at a 10% decline rate in million barrels of oil equivalent (MMBOE).
• HL20_MMBOE: Hydrocarbon recovery estimate at a 20% decline rate in million barrels of oil equivalent (MMBOE).
• HL50_MMBOE: Hydrocarbon recovery estimate at a 50% decline rate in million barrels of oil equivalent (MMBOE).
• PRV_USGS_C: Proven reserves or production estimate from the U.S. Geological Survey (USGS).
• PRV_USGS_N: Name of the basin or area of interest identified by the USGS (e.g., San Juan Basin).
• BSN_TELL_C: Basin classification code (e.g., BS000000715).
• BSN_TELL_N: Basin name (e.g., San Juan Basin).
• BSN_BALLY: Basin type classification (e.g., Type 2).
• RSVR_NAME: Reservoir name (e.g., Barnett).
• RSVR_LITH1: Reservoir lithology or rock type (e.g., Shale).
• RSVR_LITH2: Secondary reservoir lithology (e.g., fractured shale).
• ERA: Geological era (e.g., Mesozoic).
• SYSTEM: Geological system (e.g., Cretaceous).
• SERIES: Geological series (e.g., Upper Cretaceous).
• STAGE: Geological stage (e.g., Primary Oil migration).
• AGE_CODE: Geological age code (e.g., MZ_CT_U: Mesozoic, Cretaceous, Upper).
• RSVR_DEPFT: Reservoir depth in feet (e.g., 6065 feet).
• RSVR_DEPKM: Reservoir depth in kilometers (e.g., 1.85 km).
• TRAP_CLASS: Trap classification (e.g., Stratigraphic).
• TRAP_TYPE: Trap type (e.g., Pinch-out).
• TRAP_DESC: Trap description (e.g., Porosity wedge, stratigraphic).