Vaca Muerta-Loma Campana model

The Vaca Muerta-Loma Campana project is an unconventional oil & gas development located in the southwest of Argentina. It started operations in 2013.

Developing the latent Stage 2 model from solely total figures was a challenge Andres Knobel successfully went through.

This page contains the Vaca Muerta-Loma Campana Fiscal Model, the accompanying narrative report, and a short-form presentation.

Main findings:

● With current low prices the project is not viable without significant subsidies from government (for gas) and Argentinian consumers (for oil).

● If cost savings exceed 25% (versus 2013 predictions), the project may be viable without subsidies.

● Government should not contemplate fiscal regime concessions unless it is clear these are necessary to make an otherwise unviable project stay in business.

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Click the file to download the narrative report.

For media inquiries:
Johnny West, Director, johnny.west@openoil.net
Olumide Abimbola, Head of R&D, olumide.abimbola@openoil.net

Vaca Muerta-Loma Campana Project Fiscal Model

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Click on the chart to download a copy of the full model for your own use, under CC-BY-SA 4.0 license.

Supporting documents:

Interview with Andres Knobel, the modeler

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