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
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Recent insights and informs
- Shell explores sale of a 20% stake in Orca field in Brazil
- A Christmas gift: Navitas and Rockhopper take FID on long-awaited Sea Lion project
- Shell exits Argentina LNG project leaving YPF seeking new partner
- Eco Atlantic and Navitas partnership unlocks path to drill Guyana's Orinduik block
- Petrobras and Shell secure additional pre-salt stakes in Brazil for US$1.7 billion
- Suriname’s 2025 Bid Round: A fast-rising frontier
- YPF-Eni partnership strengthens Uruguay's emerging offshore exploration frontier
- Suriname's Sloanea FLNG project advances toward 2026 final investment decision
- 156 more item(s)...
Tables and charts
This report includes the following images and tables:
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Orca cashflowThe Sea Lion project in the North Falkland BasinOrinduik block location
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DRO round results: awarded areas, winners and amount offeredValuation for the top 10 (by NPV10) mapped mature prospects in SurinameUruguay offshore exploration blocksSensitivity analysis for the Sloanea field at different condensate-to-gas ratios, EUR per well and facilities costsArgentina's Vaca Muerta North Hub area with Los Toldos II Oeste acreage highlightedFPSOs Liza Destiny, Liza Unity and Payara Prosperity base case production curve vs curve required to meet initial EUR guidanceBumerangue net cash flow by development phaseStrong production growth this decade despite supply chain challengesBrazil's 2025 PSC round results
- 133 more item(s)...
What's included
This report contains:
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