Wintershall has launched its second operated shale oil pilot project in Argentina (100% working interest). The company has spud the first of three horizontal pilot wells in the Bandurria Norte block, which is located in the western Argentinean province of Neuquén. The wells in the 107 square kilometre block are targeting the promising shale of the Vaca Muerta formation, which can be found at a depth between 2,700 and 3,000 meters. Wintershall launched a similar project with four horizontal wells in the nearby Aguada Federal block back in 2015. The initial significant results of both projects are expected in 2018.
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