Overview
- YPF, which filed the LLL Oil plan Friday, outlines a 15-year buildout to drill 1,152 wells and reach 240,000 barrels per day by 2032.
- The company says all crude would go to export through the planned Vaca Muerta Oil Sur pipeline, with associated gas supplying the local market.
- YPF projects roughly $6 billion a year in oil export revenue by 2032 and more than $100 billion over the project’s life.
- The company estimates about 6,000 direct jobs during the development phase, concentrated in construction and field work.
- The submission is the largest yet under the Incentive Regime for Large Investments, and it still needs administrative approval and funding, as RIGI—expanded to upstream by a February 2026 decree—offers tax, customs and currency benefits that supporters hail as a catalyst and critics say mainly speed up projects already in the pipeline.