Country report

Peru upstream summary

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Report summary

Peru became South America's first oil producer in 1879 and the continent's first LNG producer in 2010. The country offers a relatively stable business environment and investor-friendly fiscal terms. It offers several types of opportunities: heavy oil projects deep in the Amazon jungle, frontier exploration offshore, extensive gas opportunities in the interior of the country and mature field re-development. Peru became a net oil exporter in the late-1970s, but lost this status by ...

What's included

This report contains

  • Document

    Country Overview

    PDF 809.09 KB

  • Document

    Executive summary

    PDF 66.69 KB

  • Document

    Key facts

    PDF 65.97 KB

  • Document

    Location maps

    PDF 202.59 KB

  • Document

    Key companies

    PDF 107.48 KB

  • Document

    Geology

    PDF 357.08 KB

  • Document

    Exploration

    PDF 104.20 KB

  • Document

    Reserves and resources

    PDF 93.30 KB

  • Document

    Production

    PDF 115.93 KB

  • Document

    Infrastructure

    PDF 110.57 KB

  • Document

    Policy and regulation

    PDF 100.10 KB

  • Document

    Fiscal terms

    PDF 153.67 KB

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Licensing
    • Early licensing
    • 1993 to the present day
    • Offshore
      • Drilling activity
    • Onshore
    • Offshore
    • Unconventionals
    • Liquids
    • Gas
    • Liquids
    • Gas
    • Oil infrastructure
    • Pipelines
    • Refineries
    • Gas infrastructure
    • LNG
      • Ucayali basin
      • Talara basin
    • Key legislation
    • Regulatory body
    • State oil company
    • State participation
    • Licensing
    • Overview
      • History
    • Midstream
    • Current fiscal terms
      • State equity participation
      • Bonuses, rentals and fees
      • Indirect taxes
      • Royalty and other production taxes
      • Domestic market obligation (DMO)
      • Contractor revenue entitlement
      • Product pricing
      • Corporate (or petroleum) income tax
      • Additional profits taxes
      • Fiscal/contractual ring-fences
      • Dividend withholding tax
      • State equity participation
      • Bonuses, rentals and fees
      • Indirect taxes
      • Royalty and other production taxes
      • Domestic market obligation (DMO)
      • Contractor revenue entitlement
      • Product pricing
      • Corporate (or petroleum) income tax
      • Additional profits taxes
      • Fiscal/contractual ring-fences
      • Dividend withholding tax
      • Marginal government take calculation
      • Sample cash flows

Tables and charts

This report includes 33 images and tables including:

Images

  • Country Map
  • Remaining Commercial and Technical Reserves at 01/01/2018
  • Liquids and Gas Production 2017
  • Net Acreage 2018
  • Basin Map
  • Licence Activity
  • Exploration Drilling by Region
  • Liquids production by basin
  • Gas production by basin
  • Maranon basin & ucayali basin statigraphic columns
  • Madre de Dios Basin & Talara Basin Stratigraphic Columns

Tables

  • Key facts: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Production: Table 3
  • Production: Table 4
  • Infrastructure: Table 1
  • Infrastructure: Table 2
  • 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
  • GEM models

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