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8 Pages

Latin America exploration: 2014 in review and what to look for in 2015

Latin America exploration: 2014 in review and what to look for in 2015

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.

What's included?

This report includes 2 file(s)

  • Latin America exploration: 2014 in review and what to look for in 2015 PDF - 466.16 KB 8 Pages, 2 Tables, 4 Figures
  • Latin America 2014 exploration review and 2015 preview.xls XLS - 385.50 KB


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

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  • Executive Summary
    • Discovered reserves fall further in 2014
    • Top ten discoveries of 2014 provide little excitement
    • Licensing opportunities in 2015
    • Exploration activity to watch in 2015
      • Latin America exploration activity to watch in 2015

In this report there are 6 tables or charts, including:

  • Executive Summary
    • 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
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