Latin America Oil and Gas Regional Report 2022-2023

The region of Latin America and the Caribbean has always been a prominent player in the global oil and natural gas industry, accounting for 19% of the world’s crude oil reserves and for 4.3% of natural gas reserves as of end2020. Its relative importance has been in decline since 2014, however, as the end of the commodities boom cycle significantly reduced investments in exploration in the region. Notably, the region’s oil reserves fell at an annual average rate of 0.2% between 2015 and 2020, while those of natural gas fell at a CAGR of 1.0% over the same period. In comparison, global proven reserves of crude oil and natural gas grew at a CAGR of 0.6% and 0.7%, respectively, for the same period.

This report provides a complete and detailed analysis of the oil and gas sector for Latin America. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the oil and gas sector in Latin America
• Access production and investment forecasts
• Crystallise the forces both driving and restraining this sector in Latin America
• Gain insight into reserves, drilling activity, infrastructure and other production issues
• See oil and gas consumption within the country
• Ascertain Latin America’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Latin America
• Build a clear picture of the downstream, midstream an upstream processes

See below for a complete table of report contents: