Shell Argentina has initiated a new processing system named Early Processing System at its Bajada de Añelo site in Neuquén. This innovative system is designed to handle a significant capacity, processing up to 20,000 barrels of oil each day along with 2.5 million cubic meters of gas. The implementation of this strategy involved an investment of approximately $500 million. As the operator of this block, Shell collaborates with YPF, both holding equal stakes of 50% in the venture, and Shell typically allocates around $700 million annually for operations in the area.

The Bajada de Añelo block spans roughly 200 square kilometers and is strategically located at the transition zone between volatile oil and wet gas, signifying its importance in the energy sector. Shell emphasizes that the geographical region contains an estimated potential of between 300 and 400 million barrels of oil, alongside 2 trillion cubic feet of natural gas. The early production system aims to optimize production and bolster the overall output from this promising area, responding to the growing energy demands and market opportunities.

This development can have profound implications for the Argentine economy, especially in terms of energy independence and the potential for increased exports. The investment by Shell not only indicates confidence in the local resources but also highlights the growing significance of the Vaca Muerta formation as a key contributor to the country's energy landscape, paving the way for future investments and collaborations in the oil and gas industry.