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Country Report

Chile upstream summary

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Minor production changes are expected. Chile's oil and gas industry will experience little change 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 May 2019, the country has about 120 mmboe of remaining reserves.ENAP concentrates the absolute majority of the country's production. The Chile's state-owned oil company and its main energy supplier also ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • The Magallanes (Austral) basin
    • Tight gas unconventional concept play
    • Licensing
    • 2007 licensing round
    • 2011 licensing round
    • Drilling
      • Drilling activity
  • Reserves and resources
    • Oil
    • Gas
    • Introduction
    • Oil infrastructure
    • Key legislation
    • Regulatory body
    • State oil company
    • State participation
    • 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

Tables and charts

This report includes 20 images and tables including:

  • Key facts: Table 1
  • Country Map
  • Reserves and contingent resources at 01/01/2023
  • Liquids and Gas Production 2021
  • Reserves and resources: Table 1
  • Magallanes Basin Stratigraphic Column
  • Blocks in the Magallanes
  • Production: Table 1
  • Production: Table 2
  • Liquid Production by Basin
  • Production: Table 3
  • Production: Table 4
  • Gas Production by Basin
  • Infrastructure: Table 1
  • Gas infrastructure
  • Infrastructure Map
  • Drilling Activity by Well Type
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2
  • GEM models

What's included

This report contains:

  • Document

    Country Overview

    PDF 2.34 MB

  • Document

    Country Overview

    XLS 259.50 KB