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Argentina to license unconventional acreage in Mendoza Province

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Report summary

Argentina's Mendoza province has launched the first licensing round featuring frontier Neuquén Basin acreage since 2011. The round offers eight blocks covering 9 567 square kilometres that are prospective for both conventional and unconventional developments. Empresa Mendocina de Energía SA (EMESA) Mendoza's provincial hydrocarbon company will take a minimum 10% carried interest in the blocks. Bids are due 9 April and contracts will be effective 2 June.

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Table of contents

  • Executive Summary
  • Mendoza province hosts licencing round
  • Large tracts on offer
  • Blocks on offer are prospective for both conventional and unconventional development
  • A breakdown of blocks
  • Companies with an existing presence in Argentina are the most likely to bid
  • The timing of the round coincides with a number of positive developments for the upstream sector
  • Hydrocarbon prices have improved
  • Frontier blocks hold the potential for significant development upside

Tables and charts

This report includes 4 images and tables including:

Images

  • Argentina to license unconventional acreage in Mendoza Province: Image 1
  • Vaca Muerta acreage positions
  • Acreage positions in Neuquén and Cujo basins

Tables

  • Argentina to license unconventional acreage in Mendoza Province: Table 1

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