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.
March 5, 2014

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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