Equinor and its partner Shell have completed a joint acquisition of the 49% interest held by Schlumberger in the Bandurria Sur onshore block in Argentina’s Neuquén province. The consideration for each partner for their 24.5% interest is USD 177.5 million.
The block covers around 56,000 gross acres in the central area of the prolific Vaca Muerta play. The operator is YPF (currently with a 51% interest) and the block is in the late pilot phase of development with a current production of around 10,000 barrels of oil equivalent per day.
Brazil Energy Insight 
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