Insight
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.
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:
- Argentina to license unconventional acreage in Mendoza Province: Image 1
- Argentina to license unconventional acreage in Mendoza Province: Table 1
- Vaca Muerta acreage positions
- Acreage positions in Neuquén and Cujo basins
What's included
This report contains:
