Patagonia has always been Argentina's main area, and Chile's only area, of conventional oil and gas production. Oil and gas have played an important role in the rise of Neuquén-Cipolleti as Patagonia's most populous urban area, and in the growth of Comodoro Rivadavia, Punta Arenas, and Rio Grande, as well. The development of the Neuquén basin's enormous unconventional oil and gas reserves through hydraulic fracturing has just begun, but the YPF-Chevron Loma Campana field in the Vaca Muerta formation is already the world's largest producing shale oil field outside North America according to former YPF CEO Miguel Gallucio.
Patagonia has always been Argentina's main area and Chile's only area of conventional oil and gas production Oil and gas have played an important role in the rise of Neuquén-Cipolleti as Patagonia's most populous urban area and in the growth of Comodoro Rivadavia Punta Arenas and Rio Grande as well The development of the Neuquén basin's enormous unconventional oil and gas reserves through hydraulic fracturing has just begun but the YPF-Chevron Loma Campana field in the Vaca Muerta formation is already the world's largest producing shale oil field outside North America according to former YPF CEO Miguel Gallucio