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UPSTREAM

We have had the highest hydrocarbon production growth rate for
the last decade

Operations
Management Model

Argentina

SAN JORGE GULF BASIN

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

37%

increase in oil production since 2001

136%

increase in gas production since 2001

+4,400

production wells in Cerro Dragón

SAN JORGE GULF BASIN

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

37%

increase in oil production since 2001

136%

increase in gas production since 2001

+4,400

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

3.6 MM m3

of gas natural produced per day in the Neuquina basin in 2020

7.4 M

of barrels of oil per day produced in the Neuquina Basin in 2020

6

blocks operated by us and 2 in which we are partners

21

horizontal wells in Vaca Muerta in the last 2 years

NEUQUINA BASIN

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

3.6 MM m3

of gas natural produced per day in the Neuquina basin in 2020

7.4 M

of barrels of oil per day produced in the Neuquina Basin in 2020

6

blocks operated by us and 2 in which we are partners

19

horizontal wells in Vaca Muerta in the last 2 years

NORTHWEST BASIN

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

1.1 MM of m3

per day produced in 2020

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

1.1 MM of m3

per day produced in 2020

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

5.1 MM of m3

of gas produced per day in 2020

21 MM total of m3

of gas produced per day in the basin in 2020

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

5.1 MM of m3

of gas produced per day in 2020

21 MM total of m3

of gas produced per day in the basin in 2020

Mexico

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.

2

production platforms

3

plants: treatment, injection, and power generation

1

oil pipeline

1

aqueduct

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.

2

production platforms

3

plants: treatment, injection, and power generation

1

oil pipeline

1

aqueduct

Bolivia

TARIJA BASIN

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

29%

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

3.2 MM m3

per day of company produced natural gas in the basin in 2020

TARIJA BASIN

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

30%

of the gas produced in the country

3.75 MM m3

per day of company produced natural gas in the basin in 2019