STOCK TITAN

Pampa Energía (NYSE: PAM) secures RIGI status for $4.522B RDA project

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Pampa Energía S.A. reports that Argentina’s Ministry of Economy, via Resolution No. 1025/2026, approved the adherence of its RDA Project to the Incentive Regime for Large Investments (RIGI), qualifying it as a Long-Term Strategic Export Project focused on Vaca Muerta.

The RDA Project covers 237 km² in the Rincón de Aranda block and contemplates drilling 259 horizontal wells, plus a 45,000 bbl/d crude treatment plant and an 800,000 m³/d gas facility. Total estimated investment is US$4.522 billion through 2041, with 100% of crude output expected for export and projected export revenues of approximately US$17 billion. Existing wells are excluded from the RIGI scope; only new wells drilled by the dedicated branch are included.

Positive

  • Argentina’s Ministry of Economy approved the RDA Project under RIGI, supporting a long-term plan with estimated investment of US$4.522 billion and projected crude export revenues of approximately US$17 billion.

Negative

  • None.
Total estimated investment US$4.522 billion Total estimated investment in the RDA Project to be executed through 2041
Projected export revenues approximately US$17 billion Estimated crude oil export revenues over the life of the RDA Project
Horizontal wells 259 wells Total number of new horizontal wells to be drilled under the RDA Project
Project area 237 km² Area covered by the Rincón de Aranda block in the Vaca Muerta formation
Crude treatment capacity 45,000 bbl/d Planned capacity of the crude oil treatment and conditioning plant
Gas processing capacity 800,000 m³/d Planned capacity of the gas processing facility
Export share of crude production 100% Portion of crude oil production expected to be exported from the RDA Project
Incentive Regime for Large Investments (RIGI) regulatory
"approved the adherence to the Incentive Regime for Large Investments (RIGI) of the RDA Project"
Long-Term Strategic Export Project regulatory
"qualifying it as a Long-Term Strategic Export Project"
Vaca Muerta formation technical
"consists of the development of the Vaca Muerta formation in the Rincón de Aranda block"
Rincón de Aranda block technical
"in the Rincón de Aranda block, which covers an area of 237 km²"
fracturing water technical
"together with the final disposal of fracturing water"

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FAQ

What did Pampa Energía (PAM) disclose about the RDA Project?

Pampa Energía disclosed that Argentina’s Ministry of Economy approved the RDA Project’s adherence to the Incentive Regime for Large Investments (RIGI), qualifying it as a Long-Term Strategic Export Project focused on developing the Vaca Muerta formation in the Rincón de Aranda block.

How much will Pampa Energía (PAM) invest in the RDA Project and over what period?

The company estimates total investment in the RDA Project at US$4.522 billion, to be executed in line with the approved investment plan through 2041. This covers drilling, completions, processing facilities and associated infrastructure within the Rincón de Aranda block in Vaca Muerta.

What production facilities are planned in Pampa Energía’s (PAM) RDA Project?

The RDA Project includes construction of a 45,000 bbl/d crude oil treatment and conditioning plant and an 800,000 m³/d gas processing facility. It also covers oil and gas pipelines for production evacuation and infrastructure for the final disposal of fracturing water.

What export revenues does Pampa Energía (PAM) expect from the RDA Project?

The company expects 100% of crude oil production from the RDA Project to be exported, generating estimated export revenues of approximately US$17 billion over the project’s life. This is positioned as a contributor to Argentina’s hydrocarbon export capacity.

Which wells are included under RIGI for Pampa Energía’s (PAM) RDA Project?

Under Decree No. 105/2026, Pampa Energía’s existing wells are excluded from the RIGI-approved RDA Project. Only new wells to be drilled by the dedicated RDA Project branch, following submission of the adherence application, are included in the incentive regime’s scope.

Where is Pampa Energía’s (PAM) RDA Project located and what does it involve?

The RDA Project targets the Vaca Muerta formation in the Rincón de Aranda block, covering 237 km². It contemplates drilling and completing 259 horizontal wells with lateral lengths up to 3,000 meters, across three productive horizons, plus related processing infrastructure.

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


 

FORM 6-K

 

REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

SECURITIES EXCHANGE ACT OF 1934

 

For the month of July, 2026

(Commission File No. 001-34429),


 

PAMPA ENERGIA S.A.
(PAMPA ENERGY INC.)

 

Argentina

(Jurisdiction of incorporation or organization)


 

Maipú 1
C1084ABA
City of Buenos Aires
Argentina

(Address of principal executive offices)


 

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F ___X___ Form 40-F ______

(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.)

Yes ______ No ___X___

(If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- .)

 

  

 
 

 

This Form 6-K for Pampa Energía S.A. (“Pampa” or the “Company”) contains:

Exhibit 1: Letter dated July 21, 2026 entitled “Relevant event. Adherence to the Incentive Regime for Large Investments (“RIGI”) of the RDA Project.”

 
 


SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: July 21, 2026

 

Pampa Energía S.A.
     
     
By:

/s/ Gustavo Mariani


 
 

Name: Gustavo Mariani

Title:   Chief Executive Officer

 

 

 

FORWARD-LOOKING STATEMENTS

 

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will a ctually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

 

 

 

City of Buenos Aires, July 21th, 2026

 

 

BOLSAS Y MERCADOS ARGENTINOS S.A.

 

COMISIÓN NACIONAL DE VALORES

 

 

 

Ref.: Relevant event. Adherence to the Incentive

Regime for Large Investments (“RIGI”) of the RDA

Project.

 

Dear Sirs,

 

I am writing to you in my capacity as Head of Market Relations at Pampa Energía S.A, in order to inform that, to inform you that, on the date hereof, the Ministry of Economy published Resolution No. 1025/2026 in the Official Gazette, pursuant to which it approved the adherence to the Incentive Regime for Large Investments (“RIGI”) of the RDA Project, submitted by Pampa Energía S.A. – RDA Project Dedicated Branch (the “Branch”), qualifying it as a Long-Term Strategic Export Project.

 

The RDA Project consists of the development of the Vaca Muerta formation in the Rincón de Aranda block, which covers an area of 237 km². The project contemplates the drilling and completion of a total of 259 horizontal wells with lateral lengths of up to 3,000 meters, distributed across three productive horizons. In parallel, a 45,000 bbl/d crude oil treatment and conditioning plant and an 800,000 m³/d gas processing facility will be constructed, together with the oil and gas pipelines required for production evacuation and the final disposal of fracturing water.

 

In accordance with the provisions of Decree No. 105/2026, the Company’s existing wells are excluded from the scope of the approved RIGI project, and only the new wells to be drilled by the Branch following the filing of the application for adherence are included.

 

The total estimated investment in the RDA Project amounts to US$4.522 billion and will be executed in accordance with the approved investment plan through 2041.

 
 

 

 

The RDA Project will serve as a strategic driver to strengthen Argentina’s hydrocarbon production and export capacity, contributing to the consolidation of the country’s position in the international energy market. In this regard, 100% of crude oil production is expected to be exported, generating estimated export revenues of approximately US$17 billion over the life of the project.

 

Sincerely yours,

_____________________________

María Agustina Montes

Head of Market Relations

Filing Exhibits & Attachments

1 document