US EditionEquinor Divests Parts of Its Argentina Assets in $1.1 Billion Deal
The $1.1 billion deal includes upfront cash, shares, and contingent payments tied to production and oil prices, reflecting booming output in Vaca Muerta's shale basin.
- Equinor said it announced the sale of its onshore Vaca Muerta assets to Vista Energy for $1.1 billion, effective July 1, 2025.
- Equinor framed the move as realising value from two assets while continuing to high-grade its portfolio after expanding the onshore position in 2020 with Bandurria Sur.
- Specifically, Equinor's holdings comprised a 30% non-operated interest in Bandurria Sur averaging 24,400 boepd and a 50% non-operated interest in Bajo del Toro contributing 2,100 net boepd.
- At closing, Equinor will receive an upfront cash payment of $550 million plus shares in Vista Energy, with contingent payments over five years linked to production and oil prices.
- Looking beyond the sale, Equinor will keep offshore Argentine acreage and expects growth through 2030 from core positions in Brazil, the U.S., and the UK.
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Equinor Exits Argentina’s Vaca Muerta Shale Play
Equinor will sell all its assets in Argentina’s Vaca Muerta basin to Vista Energy in a cash and stock deal worth $1.1 billion, the Norwegian energy major said on Monday as it continues to high-grade its international portfolio. The deal includes Equinor’s 30% non-operated interest in the Bandurria Sur asset and its 50% non-operated interest in the Bajo del Toro asset in the premier Argentinian shale basin that has seen oil and gas production sur…
Equinor divests parts of its Argentina assets in $1.1 billion deal
Norwegian oil group Equinor has agreed to sell its onshore business in Argentina's Vaca Muerta basin to Vista Energy for $1.1 billion, it said on Monday, while keeping its offshore assets in the South American nation.
Equinor exits Vaca Muerta with $1.1 billion sale to Vista Energy
(Oil Price) – Equinor will sell all its assets in Argentina’s Vaca Muerta basin to Vista Energy in a cash and stock deal worth $1.1 billion, the Norwegian energy major said on Monday as it continues to high-grade its international portfolio. The deal includes Equinor’s 30% non-operated interest in the Bandurria Sur asset and its 50% non-operated interest in the Bajo del Toro asset in the premier Argentinian shale basin that has seen oil and gas p
The Norwegian company Equinor took off this Monday from all its land assets (onshore) located in Argentina, after selling its two shares in the non-conventional formation of Vaca Muerta to Vista Energy (VIST), the company founded by Miguel Galuccio.The sale includes the non-operational participation of 30% of Equinor in Bandurria Sur and 50% non-operational of Bajo del Toro. The date of entry into force of the operation is July 1, 2025. These ar…
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