Shell has opened a treatment plant for shale oil and gas in Argentina’s Vaca Muerta shale play, one of the world’s largest. The plant has the ability to process up to 10,000 B/D of oil from the company-operated Sierras Blancas, Cruz de Lorena, and Coiron Amargo Sur Oeste blocks. Investment has been increasing in the Vaca Muerta in recent months, following a national government agreement with labor unions to lower costs, the clarification of price supports by the national government, and a provincial government agreement to stabilize taxes.
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