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Conventional wisdom in the energy sector dictates that the age of easy oil has gone. As a result, oil companies are pushing the realms of exploration to new, sometimes extreme geographical frontiers that are challenging both technologically and politically in an effort to add potential reserves. This is the case in Latin America, as it is across the world. While the discovery of new oil fields of the same size as those found in previous decades is becoming increasingly rare, advances in technology are allowing the injection of new life into mature fields, increasing the reserve base of many companies in existing assets and reservoirs. In Latin America, numerous nations, including Ecuador, Colombia, Venezuela, and Argentina, are trying to stimulate production from mature fields using a variety of techniques. This report looks at the advances in mature field exploration and production and highlights advances that are being made in the region.
Outlook 2014 Oil & Gas: Unconventional is the new conventional
Offshore activity in Latin America: Everybody into the water
Paraguay's quest for oil
Oil and Gas Stats 1Q14
Oil and Gas Stats 4Q13
Oil and Gas Survey 2014: Opportunities abound
The Colombian oil miracle
Brazilian hydrocarbon resources pose a huge opportunity
Oil and Gas Outlook 2016: Confronting The Age of Oil and Gas Abundance in Latin America
LNG Continues Expansion in Latin America
Oil & Gas Juniors: Weathering the Storm in Latin America
Opportunities in Brazil's Oil in Midst of Crisis
Offshore Oil in Latin America: Time to Hit the Brakes?
New Opportunities: Latin American Oil and Gas Rounds in 2015
Latin America's Refining Industry: Sovereignty at What Cost?
Outlook: 2015 Signals Broad Shift
Mining Stats 1Q14
Infra, Water and Waste Stats 4Q13