Country Report
Chile upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
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 about 90 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
- Executive summary
- Key facts
- Location maps
- Key companies
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Geology
- The Magallanes (Austral) basin
- Tight gas unconventional concept play
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Exploration
- Licensing
- 2007 licensing round
- 2011 licensing round
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Drilling
- Drilling activity
- Reserves and resources
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Production
- Oil
- Gas
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Infrastructure
- Introduction
- Oil infrastructure
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Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
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Fiscal terms
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Current fiscal terms
- State equity participation
- Carry and reimbursement
- Bonuses, rentals and fees
- Indirect taxes
- Royalty and other production taxes
- Product pricing
- Corporate (or petroleum) income tax
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Current fiscal terms
Tables and charts
This report includes the following images and tables:
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Key facts: Table 1Country MapReserves and contingent resources at 01/01/2025
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Liquids and Gas Production 2025Reserves and resources: Table 1Magallanes Basin Stratigraphic ColumnBlocks in the MagallanesProduction: Table 1Production: Table 2Liquid Production by BasinProduction: Table 3Production: Table 4
- 8 more item(s)...
What's included
This report contains:
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