Ricardo Ferreiro, President E&P, discussed Tecpetrol’s plans to balance its hydrocarbons portfolio by developing oil at the Los Toldos II Este and Puesto Parada fields. He also provided an update on the initiatives that the company is driving to support SMEs in Neuquén.

The top players from Argentina’s energy industry convened in Energy Day, held in the Dorrego Room of the German Riding Club in Buenos Aires. Organized by EconoJournal, this year's theme was “Energy for 2025: “What segments will drive industry growth next year?” Ricardo Ferreiro, President E&P, joined the panel discussion on “Oil development: the industry’s growth vector in 2025”, alongside Horacio Turri from Pampa Energía and Ricardo Hösel from Oldelval.

“We hold a strong position in the gas market and are now focused on balancing our portfolio by scaling up oil production, going from our current 20,000 barrels to about 100,000, taking both the Los Toldos II Este and Puesto Parada projects together,” explained Ferreiro. He added that, “At Puesto Parada, we’ll be starting operations at the plant by the end of December, producing the first 6,000 barrels of oil."