Insight
Latin America exploration: 2014 in review and what to look for in 2015
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
In 2014, exploration drilling and reserves discovered in Latin America both dropped to ten-year lows. In recent years, Brazil had accounted for the overwhelming majority of newly discovered volumes, but in 2014, reserves discovered in Brazil were just a fraction of the country's ten-year average. The only countries in Latin America with year-on-year increases in reserves discovered were Colombia, Argentina, and Paraguay, with potential play-opening discoveries in Colombia and Paraguay.
Table of contents
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Executive Summary
- Discovered reserves fall further in 2014
- Top ten discoveries of 2014 provide little excitement
- Licensing opportunities in 2015
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Exploration activity to watch in 2015
- Latin America exploration activity to watch in 2015
Tables and charts
This report includes the following images and tables:
- Acreage awarded 2014
- Volumes discovered by region in 2014
- Reserves discovered between 2005 and 2014
- Top ten discoveries of 2014
- Upcoming bid rounds in 2015
- Latin America exploration: 2014 in review and what to look for in 2015: Image 4
What's included
This report contains:
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