Country Report
Peru upstream summary
Report summary
Oil production mainly comes from the northern part of the country, while gas is produced in the south. Historically, most production came from the Talara and Maranon basins and was mostly heavy oil. Struggling to increase production to at least the 2000s levels, Perupetro has set an ambitious target of reaching 100kb/d by 2023 from onstream assets. Although the Talara refinery capacity expansion from 65kb/d to 95kb/d represents a step forward to meeting the target. Above ground issues must ...
Table of contents
- Executive summary
- Key facts
- Location maps
-
Key companies
- NOC
- International players
-
Geology
- Introduction
-
Sub-Andean basins
- Paleozoic - Jurassic
- Cretaceous - recent
-
The Marañon basin
- Source rock
- Reservoir rocks
- Seals
-
The Ucayali basin
- Source rocks
- Reservoir rocks
- Seals
-
Madre de Dios basin
- Source rocks
- Reservoir rocks
- Seals
- Fore-arc basins
-
Talara basin
- Source rocks
- Reservoir rocks
- Seals
-
Exploration
- Licensing
- Early licensing
- 1993 to the present day
- Offshore
-
Drilling
- Drilling activity
- Onshore
- Offshore
-
Unconventionals
- Success rates
-
Reserves and resources
- Liquids
- Gas
-
Production
- Liquids
- Gas
-
Infrastructure
- Oil infrastructure
- Pipelines
- Refineries
- Gas infrastructure
- LNG
-
Pipelines
- Ucayali basin
- Talara basin
-
Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
- Licensing
-
Fiscal terms
- Overview
- Upstream
- Midstream
- Current fiscal terms
-
Licence (concession) contracts
- Basis
- Government equity participation
- Fiscal terms
- Royalty
- Corporate income tax
- Additional petroleum tax
- Fiscal treatment of decommissioning costs
- Product pricing
- Summary of modelled terms
- Sample cash flow
- Active legacy terms
-
Licence contracts
- Royalty
-
Service contracts
- Fiscal terms
- Service fee
- Product pricing
- Historical background
- 2010s
- 2000s
- 1990s
- 1980s
- Pre-1980
Tables and charts
This report includes 39 images and tables including:
- Key facts: Table 1
- Country Map
- Reserves and contingent resources at 01/01/2023
- Liquids and Gas Production 2020
- Net Acreage 2023
- Basin Map
- Licence Activity
- Exploration Drilling by Region
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Liquids production by basin
- Production: Table 3
- Production: Table 4
- Gas production by basin
- Infrastructure: Table 1
- Infrastructure: Table 2
- Fiscal terms: Table 17
- Fiscal terms: Table 18
- Maranon basin & ucayali basin statigraphic columns
- Madre de Dios Basin & Talara Basin Stratigraphic Columns
- Drilling Activity and Commercial Success Rates
- Infrastructure: Table 3
- Fiscal terms: Table 1
- Fiscal terms: Table 2
- Fiscal terms: Table 3
- Fiscal terms: Table 4
- Fiscal terms: Table 5
- Fiscal terms: Table 6
- Fiscal terms: Table 7
- Fiscal terms: Table 8
- Fiscal terms: Table 9
- Fiscal terms: Table 10
- Fiscal terms: Table 11
- Fiscal terms: Table 12
- Fiscal terms: Table 13
- Fiscal terms: Table 14
- Fiscal terms: Table 15
- Fiscal terms: Table 16
What's included
This report contains:
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