Argentina's state oil company YPF plans to begin exploratory drilling of an offshore block off the coast of Uruguay between late 2027 and early 2028, its chairman and chief executive, Horacio Marín, confirmed, saying the area holds potential that, if confirmed, could surpass the Vaca Muerta unconventional field.

Argentina's state oil company YPF plans to begin exploratory drilling of an offshore block off the coast of Uruguay between late 2027 and early 2028, its chairman and chief…

YPF plans OFF-5 drilling off Uruguay by 2028, but the Eni block transfer awaits approval and lawsuits loom. Inside the YPF Uruguay offshore drilling claims.