Oil Driller Vista Energy to Import New Frack Set in SLB Deal
- Vista is targeting a 55% output increase by late this year
- New frack array to arrive in Argentina in second half
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Argentine oil driller Vista Energy signed an agreement with SLB to import a new fracking array during the second half of this year to help boost production in the Vaca Muerta shale region.
The addition will mean Vista has two fracking crews and related equipment in operation. The company is aiming to raise output 55% to the equivalent of 85,000 barrels a day by the fourth quarter, and start production on 138 new oil wells by 2026 in an effort to reach 100,000 barrels a day, according to a statement released Tuesday.