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Impact of oil price on upstream investment, costs and production in Latin America


Impact of oil price on upstream investment, costs and production in Latin America

Report summary

Since the oil price crash, operators in Latin America have cut 2016-17 upstream investment by 29%. The reductions were a result of delayed or cancelled projects, in addition to cost savings. Large projects in Brazil, Mexico, and Venezuela had the greatest impact. Brazil is leading the way in cost savings while Mexico and Venezuela have slashed investment through delays and budget cuts.

What's included?

This report includes 1 file(s)

  • Impact of oil price on upstream investment, costs and production in Latin America.pdf PDF - 1.37 MB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • Please see the slide-pack in the Downloads section for full details.
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