Latin America upstream: 2015 in review

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

Report summary

E&P companies across the globe tightened budgets and amended exploration and development plans in 2015 due to the fall in oil prices. In Latin America, corruption scandals, regulatory changes and unexpected discoveries, among other factors, also brought big changes. At the beginning of 2015, we outlined seven predictions of significant upstream milestones. Four of our seven forecasts came true. In our Insight we review our predictions and explain where we forecast correctly and why we missed the mark on other events.

What's included

This report contains

  • Document

    Latin America upstream: 2015 in review

    PDF 256.64 KB

Table of contents

  • IOCs and Asian NOCs will dominate Mexico's Round One
  • Uruguay and Colombia will lead otherwise depressed exploration in the region
  • Drilling activity in Argentina's Vaca Muerta will remain flat in 2015
  • Petrobras greenfield developments will face delays
  • E&Ps will see increased flexibility from a cash-strapped Venezuela.
  • Colombia will deliver the world's first cargo from an FLNG plant.
  • Licensing will be delayed for Peru's Block 192.

Tables and charts

No table or charts specified

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898