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Latin America upstream in brief

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The Latin America upstream in brief provides Wood Mackenzie's view on key industry events in Mexico and the Caribbean, Central and South America as they unfold. Declining legacy onshore production has been met with a highly active offshore sector. Discoveries in Guyana, Brazil, Colombia and Mexico are reshaping the upstream landscape south of the border. Argentina also stands out through its burgeoning shale developments, one of the few bright spots for unconventionals outside the United States. Strong licensing activity, led by Brazil and Mexico, has drawn a diverse landscape of players exploring new opportunities in the region. We cover these issues, and more, in the Latin America upstream in brief.

Table of contents

    • Argentina threatens sanctions on Sea Lion partners in the Falklands
    • After two failed bids, GeoPark finds its deal in Venezuela's Orinoco Belt
    • Shell farms in to BP's Tupinamba Block, Santos Basin, Brazil
    • The Venezuela deal balances resource abundance and near-term limits
    • Continental bets US$4 billion on Vaca Muerta's execution gap
    • Brazil’s pre-salt gas gathering economics: attracting or deterring investment?
    • Vaca Muerta's no-bid acreage may be more valuable than it looks
    • BP hands NGC a 20% slice of cross-border Manakin gas field
    • 223 more item(s)...

Tables and charts

This report includes the following images and tables:

    Bare asset locationTupinamba and adjacent pre-salt blocks, Santos BasinAssumed Maracaibo fields included in the agreement
    Assumed Orinoco areas included in the agreementEstimated current production from 17 strategic assets (kb/d)Key operated and non-operated acreage held by Continental (red) and Phoenix (blue) in the Neuquén basinTrinidad and Tobago cross-border fieldsRIGI's value addition for the upstream component of Argentina LNG*Areas covered by YPF’s transactionBonanza/Chaleco location, OFF-6, offshore UruguayGUA-OFF-0 Block: successful exploration and appraisal wellsCalypso's share of national production
  • 193 more item(s)...

What's included

This report contains:

  • Document

    Latin America upstream in brief

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