Country Report

Paraguay upstream summary

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Paraguay is land-locked in the centre of South America and is surrounded by hydrocarbon-rich countries Brazil, Argentina, and Bolivia. Over 50 exploration wells have been drilled, although the first potentially significant hydrocarbons discovery was not made until 2014. The country imports and consumes around 28,000 b/d of refined products. The Chaco region in the northwest of the country (the Carandayty and Curupayty sub-basins) was originally considered to be the most prospective region. ...

Table of contents

  • Introduction
  • Noroeste basin (Pirity sub-basin)
  • Santa Cruz basin (Carandayty and Curupayty sub-basins)
  • Licensing
    • Drilling activity
  • Oil/liquids
  • Gas
  • Introduction
  • Oil infrastructure
  • Gas infrastructure
  • Key legislation
  • Regulatory body
  • State oil company
  • State participation
  • Licensing
  • Overview
  • Current fiscal terms
  • Royalty
    • Tax rate
    • Deductibles and depreciation
    • Other taxes
  • Sample cash flow
    • Methodology

Tables and charts

This report includes 7 images and tables including:

  • Map of Basins
  • Map

What's included

This report contains:

  • Document

    Paraguay upstream summary

    PDF 2.14 MB

  • Document

    Paraguay upstream summary

    PDF 2.14 MB