Argentina is suffering growing pains as it seeks to become a major oil and natural gas exporter, a goal thought feasible thanks to huge shale resources, but which also requires taking on big challenges. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Argentina has the second largest shale gas resources in the world, and the fourth in oil. It is one of only four countries to put shale into mass-scale production along with Canada, China and the US. Vaca Muerta has surged from zero production in 2012-13 to more than 100,000 b/d of oil and 35 million cu m/d of gas at the end of 2019, with still less than 10% of the play in full-scale development. […]