GEO ExPro

South America

Exploration South America

Regional Update: South America and Caribbean

The region of South America and the Caribbean has had a mixed bag of results in oil and gas in the last 12 months or so. We have seen more world class oil discoveries being made, play openers, a return of bid rounds, and slow progress with deal flow.

Exploration South America

South America - Licensing Slows

South America and the Caribbean is currently seeing less licensing activity, at least partially because of the impact of the Covid-19 pandemic on frontier exploration, which has prompted international oil companies to focus on ILX and advantaged oil.

Seismic Foldouts South America

A Story of Oil Exploration in the Rainforests of Peru

The heroic story of Peru’s first oil discovery east of the Andes and the passion and determination of the entrepreneurs who made this happen has been brilliantly captured by Simon Lunn in his book Agua Caliente published by Amazon.

Seismic Foldouts South America

Can Sparse OBN Equal Savings and Data Quality?

One way to decrease the cost and time of seismic data acquisition is to design sparser surveys by decimating the number of shots and receivers used. The tradeoffs associated with such decimations are investigated further here, using ocean-bottom node (OBN) data from a complex geological setting in a pre-salt play of the Santos Basin, offshore Brazil.

Exploration South America

Unconventional Oil and Gas in Mexico

Mexico’s Tampico-Misantla Basin is potentially one of the richest unconventional oil and gas resources in the world. The development of these resources could significantly increase Mexico’s daily production of oil and gas, and bring in enough income to rejuvenate the national oil company, PEMEX, and help get the economy back on its feet.

Exploration South America

Oil Discovery Offshore Guyana

ExxonMobil and partners Hess and CNOOC made another oil discovery offshore Guyana; encountering 36.7m of oil in Cretaceous sandstones in the Uaru-2 wildcat well on the prolific Stabroek Block.