Insight
Latin America upstream in brief
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
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
- TotalEnergies increases stake in Lapa field, exits Gato do Mato in Brazil
- Can tight resources rejuvenate declining Mexico’s oil and gas production?
- Sea Lion project edges toward key financial backing, FID still pending
- Venezuela faces dim prospects for sustaining or increasing oil production
- Petrobras cancels another FPSO tender and reconsiders contracting strategy for its Brazilian projects
- The Brazilian pre-salt play remains alive while the country expands into frontier basins
- Pemex opens door to private partnerships with new mixed contract guidelines
- Exchange control removal enhances Argentina's oil and gas investment climate
- Market turmoil: the corporate and upstream response
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Recent insights and informs
- Shell's Ariranha discovery sparks renewed interest in Campos Basin
- Perenco’s Expansion: mature assets consolidation in Trinidad and Tobago
- BpTT’s Ginger development announced to aid production decline
- Shell sanctions Gato do Mato: its first Brazil’s pre-salt operated project
- Petrobras expands exploration in Aram block with promising results
- How much pre-salt exploration can still deliver ? The race for new commercial discoveries
- Zama-drama season two: is operatorship returning to its private partners?
- Chevron's Venezuelan operations impacted by US policy reversal
- 101 more item(s)...
Tables and charts
This report includes the following images and tables:
- TotalEnergies net cashflow for Lapa and Gato do Mato projects
- TotalEnergies capital costs including abandonment for Lapa and Gato do Mato projects
- TotalEnergies liquid production (WI) for Lapa and Gato do Mato projects
- Left: Mexico oil and gas supply and demand balance. Right: Unconventional wells and resources location.
- Time between first tender launch date and contract award
- Woodmac's expected oil production curve from Albacora, Barracuda-Caratinga and SEAP fields
- E&A wells drilled in Aram, Alto de Cabo Frio Central, Norte de Brava and C-M-659 blocks
- The last well drilled in the Pelotas Basin, and the exploratory blocks planned to be drilled
- Wells results on the east sector of Campos Basin. Possible geological boundary (oceanic crust?).
- Perenco assets in Trinidad and Tobago
- Shell global deepwater production
- 83 more item(s)...
What's included
This report contains:
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