South America

Offshore Uruguay

  Uruguay has gained significant interest due to its unique positioning on the conjugate margin with West Africa, in particular offshore Namibia where significant hydrocarbon discoveries have occurred. Also, key…

Colombia Rediscovered

Colombia’s regulatory reforms are paying dividends, with dozens of new oil and gas discoveries over the past two years – yet ‘rediscovered’ older fields are carrying the country to new…

The Other North Atlantic

Canada’s offshore oil and gas industry was born off the coasts of Newfoundland and Nova Scotia and is seeing promising signs of a rebirth. Exploration drilling for oil and gas…

Ghana/Sierra Leone lookalike plays in Northern Brazil

Brazil Equatorial Margin Shows Promise  As the Equatorial Atlantic opened, major oceanic fracture zones, ranging from the Chain Fracture Zone (FZ) in the south to the Monrovia FZ in the…

Two Frontier Basins Come to Light

Off the western Irish coast, new regional 2D seismic data is providing key information on the petroleum potential of a large and underexplored area. The roughly south-east to north-west trending…

Brazil’s Newest Independent

A new spin-off from HRT Petroleum, South America’s largest service company, HRT Oil & Gas, is staking their fortunes deep in Brazil’s Amazon Jungle. “With Brazil’s prolific offshore fields and…

Reality Hits Brazil’s Pre-Salt Play

Recent news of at least three dry wells and suspension of the Tupi extended well test illustrate some of the challenges facing the pre-salt play that Brazil’s government has touted…

I-Guazú: Great Water – Great Volcanism

Iguaçu Falls is one of the most spectacular natural sceneries in the world, caused by a wide-spread volcanic event in conjunction with continental rifting in the Early Cretaceous. This rifting…

New Insights Beneath the Salt

ION’s BasinSPANTM regional 2D programs feature surveys designed for the purpose of imaging the full crustal architecture. Their BrasilSPAN program is showing never before imaged sub-salt horizons and new stratigraphic…

Brazil’s Reserves will Last 50 Years!

Giant discoveries in the pre-salt play are expected to boost Brazil’s production to almost 6MMbopd within 10 years. According to Edison Lobo, Brazil’s Energy Minister, sufficient reserves have been found…