Name: Uruguay upstream summary
Brand: Wood Mackenzie
SKU: 28617
Price: 4080 USD
Availability: OnlineOnly
Author: Wood Mackenzie

Country Report 27 February 2026

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Report summary

Despite being located between hydrocarbon-rich countries Brazil and Argentina, Uruguay does not produce any oil or gas. Periodic exploration, mainly onshore, has occurred over the decades, but no discoveries have been made. Uruguay is heavily dependent on hydrocarbon imports to meet its domestic energy requirements, a situation that may change.In 2022, the government launched the successful Open Uruguay round process and all offshore acreage in the country is actively being explored. Four ...

Open Uruguay bid round (2022)
Introduction
Tectonic evolution
- Stratigraphy
Punta del Este basin
Petroleum system
- Source rocks
- Reservoirs
- Seals
Pelotas basin
Petroleum system
- Source rocks
- Reservoirs
- Seals
Chaco-Paraná basin (Norte sub-basin)
Petroleum system
- Source rocks
- Reservoirs
Chaco-Paraná basin (Santa Lucia sub-basin)
Petroleum system
- Source Rocks
- Reservoirs
- Seals
Licensing
- Offshore Round I
- Offshore Round II
- Onshore licensing
- Offshore Round III
- Open Uruguay Offshore Round
16 more item(s)...