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Conventional in Mendoza: Reduced to 6% the Royalties of El Sosneado to Support Its Production

Summary by rionegro.com.ar
The Government of Mendoza approved an exceptional reduction of royalties for the El Sosneado area, operated by Petroquímica Comodoro Rivadavia (PCR), with the objective of sustaining production, extending the useful life of the deposit and promoting investments. The measure was carried out through the Hydrocarbons Directorate of the Ministry of Energy and Environment, and...
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4 Articles

Thanks to a reduction in royalties with special aliquot, the El Sosneado oil field will continue to produce La entrada Thanks to a reduction in royalties, the El Sosneado oil field will continue to produce was first published in Diario San Rafael.

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The Mendoza Hydrocarbons Authority approved an exceptional reduction of royalties for the El Sosneado area, which operates Petroquímica Comodoro Rivadavia: the aliquota remains at 6% and the company commits to an investment plan of about US$ 3.2 million. Instead of drilling a pending development well, it will make ten repairs to existing wells and a secondary recovery pilot with two wells converted to injectors.

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The Government of Mendoza approved an exceptional reduction of royalties for the El Sosneado area, operated by Petroquímica Comodoro Rivadavia (PCR), with the objective of sustaining production, extending the useful life of the deposit and promoting investments. The measure was carried out through the Hydrocarbons Directorate of the Ministry of Energy and Environment, and...

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The government of Alfredo Cornejo reduced from 12% to 6% the royalties that the company Petroquímica Comodoro Rivadavia (PCR) must pay for the exploitation of the oil area El Sosneado, in San Rafael. The decision was established by Decree 2202, published in the Official Gazette, and seeks to avoid the closure of a deposit that goes through [...]

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El Sol broke the news on Friday, November 6, 2026.
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