Argentina’s Shale Boom Is Offsetting Falling Conventional Production

The Vaca Muerta shale play in southern Argentina continues delivering strong production growth. In a mere decade, shale oil and gas production have regularly soared to all-time highs, boosting Argentina’s hydrocarbon output to new records. Even waning output from the Latin American country’s aging conventional oil fields has had little impact on overall production volumes, with growing unconventional hydrocarbon output filling the gap. October 2025’s numbers, like the month prior, reflect those trends and the rising outsized contribution…