Vista Energy and Nabors Industries announced the official signing of the contract to add a third drilling rig, aiming to accelerate Vista´s development of Vaca Muerta in southern Argentina. Nabors will deploy a high-spec rig with cutting-edge technologies. It is scheduled to commence operations in the second half of 2024.

In support of Vista's plan to reduce the carbon footprint of Vaca Muerta operations, there is potential to electrify this equipment. Earlier this year, using Nabors provided technology, Vista electrified the first drilling rig in Vaca Muerta, Nabors PACE® F24, which is entirely powered by renewable energy.