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UPSTREAM

WE ARE COMMITTED TO INNOVATION
AND ENERGY TRANSITION

Excellence
Management Model

Argentina

SAN JORGE GULF BASIN

We are the leading conventional oil production and export company in the country

27%

increase in oil production since 2001

131%

increase in gas production since 2001

+4,300

production wells in Cerro Dragón

SAN JORGE GULF BASIN

We are the leading conventional oil production and export company in the country

27%

increase in oil production since 2001

131%

increase in gas production since 2001

+4,300

production wells in Cerro Dragón

NEUQUINA BASIN

We are the leading company in terms of unconventional development in the Vaca Muerta and Grupo Cuyo formations

8 MM m3

of gas natural produced per day in the Neuquina basin in 2023

20 M

barrels of oil per day produced in the Neuquina Basin in 2023

6

blocks operated by us and 2 in which we are partners

128

horizontal wells in Vaca Muerta

NEUQUINA BASIN

We are the leading company in terms of unconventional development in the Vaca Muerta and Grupo Cuyo formations

8 MM m3

of gas natural produced per day in the Neuquina basin in 2022

20 M

barrels of oil per day produced in the Neuquina Basin in 2023

6

blocks operated by us and 2 in which we are partners

128

horizontal wells in Vaca Muerta

NORTHWEST BASIN

We produce conventional natural gas and we are an international leader in the use of technology and care for the environment

1.7 MM m3

of gas produced per day in 2022

5,500

meters of depth reached by some wells

NORTHWEST BASIN

We produce conventional natural gas and we are an international leader in the use of technology and care for the environment

1.7 MM m3

of gas produced per day in 2022

5,500

meters of depth reached by some wells

AUSTRAL MARINE BASIN

We are part of the consortium that operates the largest and southernmost offshore block in Argentina, which is also the main gas producer in the country

4.5 MM m3

of gas produced per day in 2022

17,9 MM m3

of gas produced per day in the basin in 2022

AUSTRAL MARINE BASIN

We are part of the consortium that operates the largest and southernmost offshore block in Argentina, which is also the main gas producer in the country

4.5 MM m3

of gas produced per day in 2022

17,9 MM m3

of gas produced per day in the basin in 2022

Mexico

Hokchi Energy

GULF OF MEXICO

We were the first private company to drill in shallow waters after the country’s Energy Reform

2 blocks operated by us and 1 in which we are partners.

Site: hokchienergy.com

2

production platforms

+100

km of underwater pipelines

7

production Wells and 7 injection wells

25.000

Kbbl of oil equivalent per day in 2022

GULF OF MEXICO

We were the first private company to drill in shallow waters after the country’s Energy Reform

2 blocks operated by us and 1 in which we are partners.

Site: hokchienergy.com

2

production platforms

+100

km of underwater pipelines

7

production Wells and 7 injection wells

25.000

Kbbl of oil equivalent per day in 2022

Bolivia

TARIJA BASIN

We have a participating interest in Margarita-Huacaya, the largest, most important gas field in the Caipipendi block

33%

of the country's gas is produced by the Caipipendi area

11.8 MM m3

of natural gas produced per day in the basin in 2022

TARIJA BASIN

We have a participating interest in the largest, most important gas field in Bolivia, the Margarita-Huacaya field, in the Caipipendi block

33%

of the country's gas is produced by the Caipipendi area

11.8 MM m3

of natural gas produced per day in the basin in 2022