YPF SA will produce more oil and gas than originally planned over the next five years as shale output from the Vaca Muerta formation picks up, according to the Argentine producer’s top two executives. (Bloomberg) — YPF SA will produce more oil and gas than originally planned over the next five years as shale output from the Vaca Muerta formation picks up, according to the Argentine producer’s top two executives. Average growth through 2023 will be as much as 7 percent a year, Chief Executive Officer Daniel Gonzalez and Chairman Miguel Angel Gutierrez said in a telephone interview from New York. That’s up from 5 percent forecast last year. While YPF has been suffering from declining output at mature conventional fields, production will start to bounce back in 2019, and substantial growth will come later as Vaca Muerta accounts for an increasing share of the company’s production, Gonzalez said. […]