Country report
| |
62 Pages

Argentina upstream summary


Argentina upstream summary

Report summary

Beginning in 2002, regulated hydrocarbon prices led to underinvestment in the country's oil and gas sector. As a result, production of both oil and gas has declined, and the country faces a worsening supply-demand balance. Capital and financial controls have also hindered investment in recent years. As a result, Argentina is now dependent on Bolivian gas and LNG imports to make up for shortfalls in domestic gas production, and the country also became a net importer of oil in 2010. Many ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 1.95 MB 62 Pages, 14 Tables, 15 Figures
  • Country Overview XLS - 600.50 KB

Description

Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
    • Uncertain investment climate
    • Unconventional potential
  • Key facts
  • Location maps
  • Key companies
  • Geology
    • Introduction
    • Geological history
      • Paleozoic-Jurassic
      • Late Jurassic-Neocomian
      • Middle Cretaceous-Recent
    • The Neuquén basin
    • The Noroeste basin
    • The San Jorge basin
    • The Cuyo basin
    • The Austral (Magallanes) basin
    • The Malvinas basin
    • The Chaco - Paraná (Noreste) basin
    • Eastern Margin basins
    • Nirihuau basin
  • Exploration
    • Licensing
    • Previous licensing rounds and frameworks
      • Houston Plan (1985)
      • Plan Argentina (1991)
      • Provincial control (2003)
      • Ley Corta (2006)
      • Enarsa joint venture licensing (2008)
    • Recent provincial licensing rounds
      • Mendoza province
      • Neuquén province
      • Rio Negro province
      • Chubut province
    • Upcoming provincial licensing rounds
      • Mendoza province
    • Federal hydrocarbon law reform (2014)
    • Drilling
      • Drilling activity
      • Neuquén basin
      • Noroeste basin
      • San Jorge basin
      • Austral basin
      • West Malvinas basin
      • Success rates
  • Reserves and resources
  • Production
    • Oil/Liquids
    • Gas
    • Domestic and export sales
  • Infrastructure
    • Oil infrastructure
    • Pipelines
    • Refineries
    • Gas infrastructure
    • Domestic transmission system
      • Transportadora de Gas del Norte (TGN)
      • Transportadora de Gas del Sur (TGS)
    • International pipelines
      • Argentina to Bolivia
      • Argentina to Chile
      • Argentina to Brazil
      • Argentina to Uruguay
  • Policy and regulation
    • Key legislation
    • Regulatory body
    • State oil company
    • Yacimientos Petrolíferos Fiscales (YPF)
    • Energía Argentina SA (ENARSA)
    • State participation
    • Leading provincial oil companies
      • Neuquén province
      • Mendoza province
    • Licensing
    • Duration of contract
    • Area
    • Work obligation
    • Development lease
    • Surface rentals (canons)
    • Licence extension
  • Fiscal terms
    • Overview
    • Summary of fiscal terms
    • Upstream
    • Current fiscal terms
    • Concessions
      • State equity participation
      • Bonuses, rentals, and fees
      • Royalty
    • Export duty
      • Oil
    • LPG
    • Gas
    • Other production taxes
      • Provincial sales tax
    • Domestic pricing
      • Oil
      • Gas
    • Incentive schemes
      • Petróleo Plus
      • Gas Plan 1
      • Gas Plan 2 (US$7.50/mmbtu)
      • Resolution 14/2015
      • Incentives for 2016
    • Domestic market obligation
    • Contractor revenue entitlement
      • Corporate (or petroleum) income tax
      • Methodology
    • Marginal Government Take Calculation
    • Historical background
    • Pre-1980
    • 1980s
    • 1990s
    • 2000s

In this report there are 29 tables or charts, including:

  • Executive summary
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Country Map
  • Key companies
    • Remaining Commercial and Technical Reserves at 01/01/2016
    • Liquids and Gas Production 2016
    • Net Acreage 2016
  • Geology
    • Argentina basin geology
    • Neuquen Basin and Noroeste Basin Stratigraphic Columns
    • San Jorge basin and Cuyo basin stratigraphic columns
    • Magallanes basin stratigraphic column
  • Exploration
    • Licence activity
    • Exploration drilling
    • Drilling activity and commercial success rates
  • Reserves and resources
    • Reserves and resources: Table 1
  • Production
    • Production: Table 1
    • Production: Table 2
    • Liquids production
    • Production: Table 3
    • Production: Table 4
    • Gas production
  • Infrastructure
    • Infrastructure: Table 1
    • Infrastructure: Table 2
    • Argentina oil infrastructure map
    • Infrastructure: Table 3
    • Argentine gas infrastructure map
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
    • Fiscal terms: Table 2
    • Fiscal terms: Table 3
    • Fiscal terms: Table 4
    • GEM models
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.