GeoPark Triples Vaca Muerta Acreage With Award of Corralera Noreste Block
GeoPark will drill two horizontal wells and pay a $60.5 million access bonus as it expands its Vaca Muerta footprint.
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9 Articles
The oil company announced the allocation of the Corralera Northeast block; with this addition, it will add approximately 26,900 acres of total area. The area complements the assets Loma Jarillosa East and Post Silva West.
GeoPark wins Corralera Noreste block with two-well Vaca Muerta work program
GeoPark won the Corralera Noreste block in Argentina’s Neuquén Basin through the Ronda 1/2026 public bidding round run by provincial energy company Gas y Petróleo del Neuquén (GyP). The award adds about 26,900 gross acres (24,200 net) in northern Vaca Muerta near Rincón de los Sauces. The tender offered 15 blocks and drew 20 offers …
It was the result of the 1/2026 Round. Between access bonds and investments, companies committed more than US$ 220 million. GeoPark will operate Corralera Northeast and PCR disembarks in Neuquén with three areas, two of them in the north of the basin.
The company projects that, if a successful development takes place, the block could reach a potential scale of maximum gross production of between 40,000 and 50,000 boepd
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