Country Report

Chile upstream summary

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Chile's production will face decline through next years. The country has been producing minor volumes of oil and gas since the 1950s, mostly from the Magallanes basin in the south, far from major demand centres. As of December 2024, the country has 48 mmboe of remaining reserves. ENAP and Servicom concentrate the country's production. The Chile's state-owned oil company and its main energy supplier also holds half of the remaining reserves. Enap announced plans to invest ...

Table of contents

  • Introduction
  • The Magallanes (Austral) Basin
  • Tight gas unconventional concept play
  • Licensing
    • CEOP blocks
    • Other blocks
  • 2011 licensing round
    • Drilling activity
  • Oil
  • Gas
  • Introduction
  • Oil infrastructure
  • Gas infrastructure
  • 6 more item(s)...

Tables and charts

This report includes the following images and tables:

    Map of BasinsMagallanes Basin Stratigraphic ColumnChileUpstreamSummary_All_Blocks
    Liquids Production (kb/d) 2016-2025Total ProductionGas Production (mmcfd) 2016-2025Total ProductionInfrastructure MapDrilling Activity by Well TypeReserves at 01/01/2026

What's included

This report contains:

  • Document

    Chile upstream summary

    XLS 332.50 KB

  • Document

    Chile upstream summary

    PDF 6.68 MB