South America

Licencing Update: Brazil

Brazil’s 15th Bidding Round received the largest signature bonus in history. Offshore Success for Brazil’s Hydrocarbon Economy On March 29, 2018 Brazil’s ANP (National Agency of Petroleum, Natural Gas and…

Exploration Update: Guyana

ExxonMobil confirms discovery of 20m high-quality, oil-bearing sandstone in the Guyana-Suriname Basin, offshore Guyana. High Quality Reservoir Discovered in Guyana Map showing location of the Pacora-1 well, offshore Guyana. Image…

Successful Gas Appraisal in Colombia

Canacol announces that its Pandereta 2 appraisal well in Colombia’s Lower Magdalena Basin VIM-5 Block intersected net gas pay in the Ciénaga de Oro (CDO) Formation. Hydrocarbon Exploration & Development…

Hydrocarbons in the Mexican Salina del Istmo Basin

Results of appraisal well Tecoalli 2 and revised reservoir models mean that Eni has upgraded its hydrocarbon in-place estimate. Upgraded Reservoir Models Location of Eni’s Tecoalli 2 appraisal well in…

New Hydrocarbon Prospectivity in Brazil

Polarcus brings clarity to the seismic imaging of the pre-salt geology in the Santos Basin. On Friday 27 of October, the results of the 2nd and 3rd Production Sharing Round…

Geoscience in a Worldwide Climate Change Initiative

Homeward Bound: the largest-ever all female expedition to Antarctica. Climate Change & Gender Equality Paola at “Antarctica for the Brave” workshop in Antioquia, Colombia. Homeward Bound is an Australian initiative…

Exploration Update – Uruguay

2m oil-saturated sand marks the first technical discovery in the country. Hopes that Uruguay had made its first oil discovery were dashed when Australian operator, Petrel Energy, which has a…

New light on Northern Argentina

Map showing Argentina deepwater survey outline. A hibernating giant? The new long-offset data reveals insights into crustal architecture. Northern Argentina has a continental volcanic rifted margin, segmented by major transfer…

Brazil regional prospectivity: highlights for future rounds

Prospectivity highlights of open blocks in Brazil main basins Foz do Amazonas Basin Foz do Amazonas is the most northern of the Brazilian equatorial margin basins. The ANP 11th Round…

Exploration Update – Mexico

Significant Oil Discovery Talos Energy made history in late July 2017 when it made the first ever private sector discovery of a new structure offshore Mexico. Its Zama 1 wildcat,…

Exploration Update – Grenada

In late October 2017 Grenada’s Prime Minister, Keith Mitchell, cautiously confirmed the country’s first discovery, saying that Global Petroleum Group (GPG) found indications of natural gas while drilling the Nutmeg…

Exploration Update – Colombia

Purple Angel Confirms Gas In recent years, Colombia has become Latin America’s fourth-biggest oil producer, behind Mexico, Venezuela, and Brazil, and it is now following that with a number of…