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Argentina's Neuquen province offers blocks in the country's most prolific hydrocarbon basin

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Report summary

Argentina's Neuquén province is hosting a licensing round featuring acreage in the country's most prolific hydrocarbon basin. The round offers 12 blocks covering 2,441 square kilometres that are prospective for both conventional and unconventional developments in the Neuquén Basin. Gas y Petróleo del Neuquén S.A.(GyP), Neuquén's provincial hydrocarbon company, will take a minimum 10% interest in the blocks. Bids are due in July, and contracts will be signed in August.

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Table of contents

  • Executive Summary
  • Neuquén follows neighbouring Mendoza province in hosting licencing round
  • Tracts in core producing areas of Neuquén Basin
  • Conventional and unconventional development opportunities on offer
  • A breakdown of the blocks on offer
  • Attractive opportunities for companies with neighbouring blocks
  • Continued positive developments in the upstream sector
  • The broader economic climate poses concerns
  • Service sector growth is key to ramp-up Argentina's upstream sector

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This report includes 4 images and tables including:

Images

  • Argentina's Neuquen province offers blocks in the country's most prolific hydrocarbon basin: Image 1
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  • Argentina's Neuquen province offers blocks in the country's most prolific hydrocarbon basin: Image 3

Tables

  • Argentina's Neuquen province offers blocks in the country's most prolific hydrocarbon basin: Table 1

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