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

Insight 19 June 2014

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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.

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

Tables and charts

This report includes the following images and tables:

Argentina's Neuquen province offers blocks in the country's most prolific hydrocarbon basin: Image 1
Argentina's Neuquen province offers blocks in the country's most prolific hydrocarbon basin: Table 1
Argentina's Neuquen province offers blocks in the country's most prolific hydrocarbon basin: Image 2
Argentina's Neuquen province offers blocks in the country's most prolific hydrocarbon basin: Image 3