Insight
Latin America upstream in brief
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Latin America upstream in brief provides Wood Mackenzie's view on key industry events in Mexico and the Caribbean, Central and South America as they unfold. Declining legacy onshore production has been met with a highly active offshore sector. Discoveries in Guyana, Brazil, Colombia and Mexico are reshaping the upstream landscape south of the border. Argentina also stands out through its burgeoning shale developments, one of the few bright spots for unconventionals outside the United States. Strong licensing activity, led by Brazil and Mexico, has drawn a diverse landscape of players exploring new opportunities in the region. We cover these issues, and more, in the Latin America upstream in brief.
Table of contents
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Recent insights and informs
- Colombia's upstream reset: fracking back on the agenda, gas crisis on the clock
- Shell secures a critical license for the Loran gas field, unlocking transboundary reserves in Venezuela
- Offshore Barbados 2026: 19 deep to ultra-deepwater blocks open for bidding
- TGS financing extends RIGI’s project finance playbook
- Chevron submits US$13.8 billion shale project under RIGI framework
- Colombia's election run-off puts four years of upstream policy at stake
- Petrobras takes FID on Sergipe-Alagoas deepwater FPSOs
- Occidental acquires stake in ExxonMobil’s ultra-deepwater block offshore Trinidad & Tobago
- 196 more item(s)...
Tables and charts
This report includes the following images and tables:
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Unconventionals' impact on total recoverable resources.Barbados offshore initiative 2026 acreage and current licenced operator acreageNGL supply by region (excl. rejected ethane)
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El Trapial Este location and Vaca Muerta hydrocarbon windowsColombia gas supply and demand balance 2018-2040The Sergipe-Alagoas deepwater project and associated evacuation pipelineProject Carabobo 1 - Profitability sensitivity to fiscal termsProject Carabobo 3 - Profitability sensitivity to fiscal termsCamisea Area productionCamisea Area royaltiesKey projects announced under the RIGI schemeVaca Muerta blocks on offer
- 171 more item(s)...
What's included
This report contains:
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