Project UpdateJul 21, 2026, 08:32 AM
Pampa Energía's RDA Project Approved for RIGI with $4.52B Investment
AI Summary
Pampa Energía S.A. announced that its RDA Project has been approved for adherence to Argentina's Incentive Regime for Large Investments (RIGI) by the Ministry of Economy. This project, located in the Vaca Muerta formation, involves an estimated investment of US$4.522 billion through 2041. It includes drilling 259 horizontal wells and constructing significant crude oil and gas processing facilities, with an expectation to generate approximately US$17 billion in export revenues over its lifespan.
Key Highlights
- Pampa Energía's RDA Project approved for Incentive Regime for Large Investments (RIGI).
- RDA Project involves developing Vaca Muerta formation in Rincón de Aranda block (237 km²).
- Total estimated investment for the RDA Project is US$4.522 billion through 2041.
- Project includes drilling 259 horizontal wells and constructing oil/gas processing facilities.
- Expected export revenues of approximately US$17 billion over the project's life.
- 100% of crude oil production from the project is expected to be exported.
Price Impact
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