Vista Creates Argentina Shale Company

Vista Creates Argentina Shale Company

Assessment

Interactive Video

Business, Architecture, Engineering

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Argentina's oil export challenges, highlighting the lack of infrastructure and pipelines. Vista recently exported its first light oil and natural gas, relying on refiners' cooperation. The situation is compared to the US, where fracking has increased oil production but requires transportation solutions. Vista aims to avoid oversupply issues by developing an independent midstream business, reducing reliance on government support. The video concludes with a discussion on future prospects and challenges, including the significance of the 'dead cow' region in Argentina.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent achievement did Vista accomplish in Argentina?

Built a new refinery

Partnered with the government for pipeline construction

Exported the first light oil and natural gas

Discovered a new oil field

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key challenge in both Argentina and the United States regarding oil production?

High production costs

Lack of skilled labor

Insufficient oil reserves

Need for pipelines and transportation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy is Vista employing to manage oil supply issues?

Reducing oil production

Developing an independent midstream business

Relying on government support

Partnering with international oil companies

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential benefit of having an independent pipeline entity?

It reduces the need for government intervention

It allows for exclusive use by the owner

It enables other operators to use the infrastructure

It increases oil production capacity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of Vaca Muerta in Argentina?

It is a new oil company

It is a major shale formation

It is a government policy

It is a type of oil pipeline