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  • How much soybean production in Argentine 2020/21?
  • Post projects Argentine 2020/21 soybean production at 47.5 million tons, 500,000 tons below USDA official. 2020/21 sunflowerseed production is lowered to 2.65 million tons, 250,000 tons below USDA official.
  • How much oil does Argentina produce a day?
  • Average daily production of oil, gas condensate and light hydrocarbons (ethane, propane and butane) in Argentina rose by 4% in 2023, reaching 819,000 barrels per day (bpd), and added another 6% in the first nine months of 2024 (to 866,000 bpd), according to the U.S. Energy Information Administration (EIA).
  • Does Vaca Muerta increase oil production in Argentina?
  • Thanks to the development of Vaca Muerta, the share of unconventional reserves in Argentina’s oil production went up from 17% in 2019 to 34% in 2023.
  • Which countries export crude oil to Argentina in 2023?
  • Argentina's primary destinations for crude oil exports in 2023 were the United States, Brazil, and Chile. The recent completion of the Vaca Muerta Norte Oil Pipeline helped facilitate exports to Chile.
  • How much crude oil does Argentina export a year?
  • Argentina’s crude oil exports increased by an average of 33% per year from 30,000 b/d in 2017 to 128,000 b/d in 2023. Shale crude oil accounted for about 70% of crude oil exported in 2023. Argentina's primary destinations for crude oil exports in 2023 were the United States, Brazil, and Chile.
  • Why did oil production surge in Vaca Muerta in 2021?
  • Crude oil production in the Vaca Muerta formation began to surge in 2021 due to: In September 2024, production averaged 738,000 barrels per day (b/d) of crude oil in Argentina, 15% more than in September 2023 and the most in any month since 2003.