Investment budgets rebound: Latin America month in brief Report

Insight 06 April 2017

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Report summary

In our March 2017 Latin America upstream month in brief, we highlight the key stories in the region over the last month, adding our expert opinion and analysis to keep you informed. This month's issue highlights increasing upstream investments in Colombia and Argentina's Vaca Muerta shale, first offshore drilling success in post-reform Mexico as well as a third discovery on ExxonMobil's deepwater block in Guyana. In Brazil, Petrobras strives to reboot its asset divestment programme while frontier exploration rebounds. In addition, Venezuela and T&T sign a deal to build a pipeline to send Venezuelan gas to Trinidad's Atlantic LNG facility.

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Vaca Muerta oil window well productivity is competitive with top US high liquid-content plays
Planned pipeline from Dragon to the Hibiscus field
Planned exploration wells in the Brazilian Equatorial Margin

Snoek could push Guyana's production outlook to as much as 450,000 b/d by the late-2020s
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Investment budgets rebound: Latin America month in brief: Image 8