YPF to add 10 rigs to Vaca Muerta play

YPF SA has signed contracts with Helmerich & Payne Inc., Tulsa, for 10 existing drilling rigs to work in the Vaca Muerta shale play in the Nequen basin of Argentina.

Contract terms are 5 years.

The first rig is to start work this year. The rest will be deployed sequentially through next year.

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