YPF 'LLL Oil' (shale-oil mega-development)
YPF mega-development: plateau of 240,000 bbl/d in 2032, 1,152 wells. A signal of the scale jump in Neuquén upstream leveraged on already-secured evacuation (VMOS).
The projectwhat it is, the route, the owners, the works and the contractors
Who owns it
YPF (with partners via VMOS) verif · May 15, 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
Reservoir engineering for well-to-well (parent-child) interference
mediumThere are 1,152 wells, the largest committed count in the country, on a declared plateau of 240,000 barrels per day in 2032. At that pad density the main risk stops being drilling and becomes interference: a child well badly spaced or badly sequenced depressurises the parent and takes away production that was already paid for. It is continuous diagnosis -microseismic monitoring, tracers, pressure history, respacing engineering- and in the basin it is handled by the in-house technical teams of the service multinationals, not by independent supply the operator can contract separately.
Dedicated water pipelines: moving the water, not just treating it
mediumFresh water consumption in the basin went from around 5 million liters per month in October 2020 to around 100 million in October 2023, and a single frac can require up to 30 million liters. Multiplied by 1,152 wells, the problem stops being about trucks and becomes fixed infrastructure: intake, pipeline, pumping and balancing ponds sized for a development that lasts a decade. The water and waste niche measures flowback treatment and reuse; trunk transport of fresh water to the pad has nobody quantifying it and no local supplier at that scale.
Surety bonds and guarantees under the provincial regime
mediumNeuquén's real rent-capture model, read in the concession decrees, is not only the royalty rate: it is a 12% royalty plus a compensation bonus, plus an infrastructure bonus, plus a stake for the state company GyP, plus surety bonds. On a USD 25,000M commitment each of those guarantees is an instrument to structure, renew and adjust over the entire life of the project. It is a financial-insurance service that requires specific knowledge of provincial regulation, and today it is underwritten by Buenos Aires insurers with no local technical counterpart.
- 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 catalog of markets and trades.
Get on board the takeoff
Tell us what you are looking for and we will reply. This is what we work on: proyectos RIGI, proveedores y datos verificados de Neuquén.
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 1 in this project. Each says why it could not be confirmed and what it would take to close it.
H-01When construction starts and when operation begins+
The schedule of a RIGI project is read in the recitals of its admission resolution, and this project has no resolution published in the Official Gazette yet: it has been filed or announced, not approved. What circulates in the press are tentative company dates, with no act fixing them.
