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

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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.

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

    PDF 466.16 KB

Table of contents

Tables and charts

This report includes 6 images and tables including:

Images

  • Acreage awarded 2014
  • Volumes discovered by region in 2014
  • Reserves discovered between 2005 and 2014
  • Latin America exploration: 2014 in review and what to look for in 2015: Image 4

Tables

  • Top ten discoveries of 2014
  • Upcoming bid rounds in 2015

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