Tecpetrol - Los Toldos II Este
Development of ~70,000 bbl/d, ~380 wells, 35-year concession. GyP 10% carry.
The projectwhat it is, the route, the owners, the works and the contractors
Who owns it
Tecpetrol 90% / GyP 10% verif · Apr 1, 2026 ↗
The works, milestone by milestone
We have not built this project’s timeline. Dated milestones with their source close it.
Who already has a contract
The project has been filed under the RIGI and has not been approved yet. Construction awards come later.
How to supply itwhere to register, what they ask for and what they will buy
What it will need and has no supplier for yet
Abandonment provisioning for a 35-year concession
mediumThe concession runs for 35 years over some 380 wells. That creates an obligation almost nobody is costing today: plugging and restoring each pad at the end of its useful life, which in a long concession is either provisioned from the start or shows up as a hidden liability. The difference from the cementing and abandonment niche, which measures execution of the work, is that what is missing here comes earlier: quantifying the liability, auditing it periodically and structuring its guarantee. It is recurring professional service across three decades and it has no local supplier.
Technical audit of GyP's carried 10%
mediumTecpetrol operates with 90% and the state company GyP comes along with 10% without an equivalent operating outlay. As in the rest of the unconventional concessions, the minority partner's result is defined by the costs the operator declares, so independent audit of those costs and of the investment programmes is a service with structural demand and with a conflict of interest that separates it from the usual market: it cannot be provided by whoever already invoices the operator.
- How to become a supplier — We have not built this project’s entry map. It is our gap, not a prohibition: it closes by opening the provincial register and the operator’s single window.
- What it will buy, and when — We have not built this project’s phase → demand chain: its schedule still has to be crossed with the province’s catalogue of markets and trades.
Get on board the takeoff
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What it leaves in Neuquénjobs, works, taxes, promises and the outlook
The works that stay behind
The project has been filed under the RIGI and has not been approved yet. Permanent works are documented once construction starts.
What it already pays in taxes and royalties
The project has been filed under the RIGI and has not been approved yet. Royalties and production taxes begin with operation.
Who promised what
We have not surveyed the public promises about this project. A dated, verifiable commitment with its source closes them.
What could stall itrisks and how to track them
- What could stall it — We have not documented this project’s risks. An identifiable vector with its source closes them.
- How to tell whether it is advancing — We have not defined this project’s indicators: what observable fact marks its progress still has to be identified.
How we verified thisthe act, the gaps and the sources
The RIGI act, in detail
The project has been filed under the RIGI and has not been approved yet. The instrument is published in the Boletín Oficial once the Committee approves the accession.
What we could not confirm
There are 2 in this project. Each says why it could not be confirmed and what it would take to close it.
H-01The RIGI Evaluation Committee approval announced on 19 Aug 2026 (USD 6,400 M)+
The only evidence is the Economy Minister's announcement on X. There is no resolution in the Boletín Oficial, and the roster of the official RIGI portal —reopened item by item on 29 Aug 2026— lists 22 approvals and this project is not among them. An act of the State requires an official primary source: that is why the announcement is reported as 'probable' and the project is still counted as filed.
H-02The project's employment after approval (3,100 direct + 4,800 indirect, according to Caputo's announcement of 19 Aug)+
The tweet does not clarify whether these are CONSTRUCTION or OPERATION jobs — exactly the ambiguity the schema asks not to resolve blind (a construction figure reassigned to operation is the most common press error about the RIGI). The typed employment block (construction/operation) is not filled in until a source disambiguates it.