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Latin America's unconventional oil attraction

Latin America's unconventional oil attraction

Countries in the Latin American region contain substantial heavy and extra-heavy oil reserves, which are either already in production or are expected to commence production in the near future. With robust oil prices, these resources are some of the most sought after in the region and over the short to long-term these heavy and extra-heavy oil projects are expected to contribute significant volumes to global supply. This report examines the most promising heavy and extra-heavy oil potential in seven Latin American countries.


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Countries in the Latin American region contain substantial heavy and extra-heavy oil reserves, which are either already in production or are expected to commence production in the near future. With robust oil prices, these resources are some of the most sought after in the region and over the short to long-term these heavy and extra-heavy oil projects are expected to contribute significant volumes to global supply. This report examines the most promising heavy and extra-heavy oil potential in seven Latin American countries.

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