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Latin America upstream in brief

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The Latin America upstream in brief provides Wood Mackenzie's view on key industry events in Mexico and the Caribbean, Central and South America as they unfold. Declining legacy onshore production has been met with a highly active offshore sector. Discoveries in Guyana, Brazil, Colombia and Mexico are reshaping the upstream landscape south of the border. Argentina also stands out through its burgeoning shale developments, one of the few bright spots for unconventionals outside the United States. Strong licensing activity, led by Brazil and Mexico, has drawn a diverse landscape of players exploring new opportunities in the region. We cover these issues, and more, in the Latin America upstream in brief.

Table of contents

    • Continental bets US$4 billion on Vaca Muerta's execution gap
    • Brazil’s pre-salt gas gathering economics: attracting or deterring investment?
    • Vaca Muerta's no-bid acreage may be more valuable than it looks
    • BP hands NGC a 20% slice of cross-border Manakin gas field
    • Petrobras confirms hydrocarbons at Morpho in Brazil's Foz do Amazonas Basin after a 13-year journey
    • Argentina LNG consortium submits US$51 billion project for RIGI approval
    • YPF divests two conventional clusters for US$405 million
    • Argentina’s RIGI: from a policy tool to investment catalyst
    • 219 more item(s)...

Tables and charts

This report includes the following images and tables:

    Key operated and non-operated acreage held by Continental (red) and Phoenix (blue) in the Neuquén basinTrinidad and Tobago cross-border fieldsRIGI's value addition for the upstream component of Argentina LNG*
    Areas covered by YPF’s transactionBonanza/Chaleco location, OFF-6, offshore UruguayGUA-OFF-0 Block: successful exploration and appraisal wellsCalypso's share of national productionMiddle Magdalena Valley Basin: Location of prospective unconventional areas and assetsPolok-Chinwol Production (2032-2053)Vista Energy's Vaca Muerta blocksKan oil and gas production profileDeepwater E&A wells in the South Atlantic Margin
  • 188 more item(s)...

What's included

This report contains:

  • Document

    Latin America upstream in brief

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