Country Report

Peru upstream summary

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07 June 2018

Peru upstream summary

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 ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • 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
    • Licensing
    • Early licensing
    • 1993 to the present day
    • Offshore
    • Drilling
      • Drilling activity
    • Onshore
    • Offshore
    • Unconventionals
      • Success rates
    • Liquids
    • Gas
    • Liquids
    • Gas
    • Oil infrastructure
    • Pipelines
    • Refineries
    • Gas infrastructure
    • LNG
    • Pipelines
      • Ucayali basin
      • Talara basin
    • Key legislation
    • Regulatory body
    • State oil company
    • State participation
    • Licensing
    • 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
  • Remaining Commercial and Technical Reserves at 01/01/2019
  • Liquids and Gas Production 2018
  • Net Acreage 2019
  • 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:

  • Document

    Country Overview

    PDF 9.41 MB

  • Document

    Country Overview

    XLS 698.00 KB

  • Document

    Country Overview

    ZIP 9.36 MB

  • Document

    Executive summary

    PDF 686.49 KB

  • Document

    Key facts

    PDF 684.29 KB

  • Document

    Location maps

    PDF 5.29 MB

  • Document

    Key companies

    PDF 724.13 KB

  • Document

    Geology

    PDF 4.62 MB

  • Document

    Exploration

    PDF 734.80 KB

  • Document

    Reserves and resources

    PDF 707.80 KB

  • Document

    Production

    PDF 730.16 KB

  • Document

    Infrastructure

    PDF 726.54 KB

  • Document

    Policy and regulation

    PDF 715.37 KB

  • Document

    Fiscal terms

    PDF 761.11 KB

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