Country report

Chile upstream summary

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Report summary

The Republic of Chile situated between the Pacific Ocean and the Andes mountain range has been producing minor volumes of oil and gas since the 1950s. The country's oil production peaked in the early 1980s. All of Chile's oil and gas production is sourced from the Magallanes basin in the south far from major demand centres.A decline in gas production has led to a volatile gas market in Chile. In 1997 import pipelines were constructed from Argentina which led to rapid growth in ...

What's included

This report contains

  • Document

    Country Overview

    PDF 1.62 MB

  • Document

    Country Overview

    XLS 420.00 KB

  • Document

    Country Overview

    ZIP 1.96 MB

  • Document

    Executive summary

    PDF 55.70 KB

  • Document

    Key facts

    PDF 66.32 KB

  • Document

    Location maps

    PDF 249.67 KB

  • Document

    Key companies

    PDF 92.94 KB

  • Document

    Geology

    PDF 599.55 KB

  • Document

    Exploration

    PDF 259.61 KB

  • Document

    Reserves and resources

    PDF 70.26 KB

  • Document

    Production

    PDF 106.52 KB

  • Document

    Infrastructure

    PDF 597.55 KB

  • Document

    Policy and regulation

    PDF 78.29 KB

  • Document

    Fiscal terms

    PDF 117.87 KB

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
    • The Magallanes (Austral) basin
    • Licensing
    • 2007 licensing round
    • 2011 licensing round
      • Drilling activity
  • Reserves and resources
    • Oil/liquids
    • Gas
    • Introduction
    • Oil infrastructure
    • Key legislation
    • Regulatory body
    • State oil company
    • State participation
      • State equity participation
      • Carry and reimbursement
      • Bonuses, rentals and fees
      • Indirect taxes
      • Royalty and other production taxes
      • Product pricing
      • Corporate (or petroleum) income tax

Tables and charts

This report includes 21 images and tables including:

Images

  • Country Map
  • Remaining Commercial and Technical Reserves at 01/01/2017
  • Liquids and Gas Production 2017
  • Map of Basins
  • Magallanes Basin Stratigraphic Column
  • Map
  • Liquid Production by Basin
  • Gas Production by Basin
  • Infrastructure Map
  • Drilling Activity by Well Type

Tables

  • Key facts: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Production: Table 3
  • Production: Table 4
  • Infrastructure: Table 1
  • Gas infrastructure
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2
  • GEM models

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