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  • Tampico-Misantla Area

    6/23/17
    A portion of the Tampico-Misantla basin that is located within the Burgos asset has shale potential. Pemex has been exploring shale resources in the area since 2012 and has identified six high-potential areas. Among these is the...

  • Ayin Field

    6/23/17
    The Ayin shallow water field is set to be part of Pemex's farm-outs in 2017. It is located at 160m water depth within the state-oil company's Ayin-Alux prospect and sits roughly 50 kilometers west of Ichalkil and...

  • Block 60

    6/22/17
    The offshore block 60 covers an area of 10,105 km2 and is located approximately 50km off the Suriname coast. The block lies in water depths of 15–25m and is part of the 2015 Suriname bid round for exploration and development ...

  • Block 59

    6/22/17
    The offshore block 59 covers an area of 9,801 km2 and is located approximately 50km off the Suriname coast. The block lies in water depths of 25–50m and is part of the 2015 Suriname bid round for exploration and development...

  • Libra Field

    6/22/17
    The first pre-salt field to be tendered, the Libra oil discovery in the Santos basin offshore Brazil is currently owned by the federal government. Discovered in May 2010, Libra is estimated to contain reserves between 8 and 12 billion ...

  • Block 43 (Yasuní)

    6/21/17
    Operated by Petroamazonas, block 43 covers 190,524ha in Yasuní national park. An intention to promote an indefinite moratorium on drilling in the area was carried out, considering the biological diversity of the park. However, Ecuador ...

  • Perupetro S.A.

    6/21/17
    Peru's state-run hydrocarbons investment promotion company Perupetro S.A. is responsible for promoting, negotiating, signing and overseeing contracts that contribute to hydrocarbons exploration and production activities in...

  • Suroriente Block

    6/21/17
    The Suroriente block covers 36,527ha and is located in Colombia's Putumayo basin. The project belongs to state oil firm Ecopetrol (48%) and consortium Energy (52%). This consortium, in turn, is formed by Canadian firm Suroco, ...

  • Puesto Guardián concession

    6/21/17
    Covering 622km2, the Puesto Guardián license covers five fields, including four in production. The concession has reserves of 2.9Mb of oil and 7.4Mb in probable reserves. Argentina-focused In July 2014, President Petroleum increased...