YPF on hunt to lower shale drilling costs

摘要

Buenos Aires —Argentina needs to attract more investment to lower the cost of drilling the country’s vast shale resources, but at the same time the nation is on track to become a net energy exporter, the CEO of state-run YPF said. “The challenge that we are facing is to develop these unconventional resources over the long term,” YPF CEO Miguel Galuccio said at the Argentina Oil & Gas Expo in Buenos Aires late October 7. “We have to take the risk to produce and we have to find the way to develop these resources economically.”