This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the key sub-segments of the energy industry in Argentina. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for each of the key sub-segments. It also provides information relating to the crude oil assets (oil fields, refineries, pipelines and storage terminals) in Argentina. The report compares the investment environment in Argentina with other countries in the region. The profiles of the major companies operating in the crude oil sector in Argentina together with the latest news and deals are also included in the report.
Scope
Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for each industry sub-segment for the period 2000-2020.
Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Argentina for the period 2005-2016.
Operator and equity details for major crude oil assets in Argentina.
Key information relating to market regulations, key energy assets and the key companies operating in the Argentina's energy industry.
Information on the top companies in the Argentina including business description, strategic analysis, and financial information.
Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
Key mergers and acquisitions, partnerships, private equity and venture capital investments, and IPOs.
Reasons to buy
Gain a strong understanding of the country's energy market.
Facilitate market analysis and forecasting of future industry trends.
Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
Assess your competitor's major crude oil assets and their performance.
Analyze the latest news and financial deals in the oil sector of each country.
Develop strategies based on the latest operational, financial, and regulatory events.
Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
Identify and analyze the strengths and weaknesses of the leading companies in the country.
Keywords
Energy Sector, Crude Oil, Import, Export, Production, Consumption, Reserves, Forecast, Historical, Trends, 2020, Energy, Pipeline, Refining, Demand, Supply, Distillation Unit Capacity, Coking Capacity, Coking Capacity, Fluid Catalytic Cracking Capacity, Hydrocracking Capacity, Installed Capacity, Equity Partner, Operator, Length, Capacity, Government Take, Company Profile, SWOT, Business Description, News, Deals.
Table of Contents
TOC
1 Table Of Contents
1 Table Of Contents 2
1.1 List of Tables 7
1.2 List of Figures 9
2 Argentina Energy Sector 10
2.1 Argentina Energy Sector, Market Overview 10
2.2 Argentina Energy Sector, Oil 10
2.2.1 Argentina Oil, Overview 10
2.2.2 Argentina Oil, Supply and Demand Balance 11
2.2.3 Argentina Crude Oil, Regulatory Structure 16
2.2.4 Argentina Crude Oil, Infrastructure 16
3 Argentina Oil Upstream Investment Environment Benchmarking 17
3.1 Introduction 17
3.2 The Overall Ranking 17
3.3 Upstream Fiscal Attractiveness 17
3.3.1 Maximum Government Take Index 19
3.3.2 Fiscal Flexibility 19
3.3.3 Maximum State Participation Index 19
3.4 Oil Sector Performance 19
3.4.1 Exploration Activity 21
3.4.2 Oil Production 22
3.4.3 Oil Reserves 22
3.4.4 Oil Consumption 23
3.4.5 Refining Industry 23
3.5 Economic Performance 23
3.5.1 GDP Growth Index 25
3.5.2 FDI Confidence Index 25
3.5.3 Balance of Trade Index 25
3.6 Socio-Political Performance 25
3.6.1 Democracy Index 27
3.6.2 Governance Index 27
4 Argentina Exploration and Production Sector 28
4.1 Argentina Exploration and Production Sector, Country Snapshot 28
4.1.1 Argentina Exploration and Production Sector, Key Data 28
4.1.2 Argentina Exploration and Production Sector, Crude Oil Assets Map 28
4.2 Argentina Exploration and Production Sector, Gross Crude Oil Production 29
4.2.1 Argentina Exploration and Production Sector, Total Gross Crude Oil-Historical Production 29
4.3 Argentina Exploration and Production Sector, Gross Crude Oil-Historical Production by Type 30
4.3.1 Argentina Exploration and Production Sector, Gross Crude Oil Production by Assets 31
4.3.2 Argentina Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 33
4.3.3 Argentina Exploration and Production Sector, Market Share based on Gross Equity Weighted Crude Oil Production 34
4.4 Argentina Exploration and Production Sector, Production Forecast 36
4.4.1 Argentina Exploration and Production Sector, Gross Crude Oil Production Forecast 36
4.5 Argentina Exploration and Production Sector, Crude Oil Asset Details 38
4.5.1 Argentina Exploration and Production Sector, Active Crude Oil Asset Details 38
4.5.2 Argentina Exploration and Production Sector, Planned Crude Oil Asset Details 49
4.6 Argentina Exploration and Production Sector, Major Oil Discoveries 49
4.6.1 Argentina Exploration and Production Sector, Number of Oil Discoveries 49
4.6.2 Argentina Exploration and Production Sector, Oil Discovery Details 50
4.7 Argentina Exploration and Production Sector, Recent Discoveries 50
4.7.1 Mar 29, 2012: YPF Announces Shale Oil Discovery In Argentina 50
4.7.2 Jan 05, 2012: YPF Discovers Oil At Mendoza Province In Argentina 51
4.7.3 Nov 07, 2011: Repsol Finds Oil At Vaca Muerta Formation In Argentina's Neuquen Province 51
4.7.4 Sep 14, 2011: Gran Tierra Energy Confirms New Oil Discoveries In Colombia And Argentina 51
4.7.5 Sep 12, 2011: Americas Petrogas Announces Conventional Oil Discovery In Argentina 52
4.8 Argentina Exploration and Production Sector, Drilling and Production Updates 53
4.8.1 Apr 24, 2012: Azabache Energy Announces Results From OAx-1 Well; Spud Date For CVOx-2 Well 53
4.8.2 Apr 10, 2012: President Petroleum Spuds DP-1002 Well At Puesto Guardian Concession In Argentina 54
4.8.3 Mar 20, 2012: Petrolera To Commence Drilling Operations In Argentina 54
4.8.4 Mar 19, 2012: President Petroleum Provides Update On DP-1001 Well At Puesto Guardian Concession In Argentina 55
4.8.5 Mar 13, 2012: Crown Point Ventures Announces Commencement Of 2012 Drilling And Work Over Program At El Valle, Argentina 55
5 Argentina Pipeline Sector 56
5.1 Argentina Pipeline Sector, Key Data 56
5.2 Argentina Pipeline Sector, An Overview 56
5.3 Argentina Pipeline Sector, Comparison of Key Crude Oil Pipeline Companies 56
5.4 Argentina Pipeline Sector, Comparison of Key Petroleum Product Pipeline Companies 57
5.5 Argentina Pipeline Sector, Crude Oil Pipelines 59
5.6 Argentina Pipeline Sector, Petroleum Product Pipelines 60
6 Argentina Refining Sector 61
6.1 Argentina Refining Sector, Key Data 61
6.2 Argentina Refining Sector, An Overview 61
6.2.1 Argentina Refining Sector, Total Refining Capacity 61
6.3 Argentina Refining Sector, Capacity Market Share by Company 62
6.4 Argentina Refining Sector, Crude Distillation Unit Capacity 63
6.5 Argentina Refining Sector, Coking Capacity 64
6.6 Argentina Refining Sector, Fluid Catalytic Cracking Capacity 64
6.7 Argentina Refining Sector, Hydrocracking Capacity 65
7 Argentina Oil and Chemicals Storage Sector 66
7.1 Argentina Oil and Chemicals Storage Sector, Key Data 66
7.2 Argentina Oil and Chemicals Storage Sector, An Overview 66
7.2.1 Argentina Oil and Chemicals Storage Sector, Total Storage Capacity 66
7.2.2 Argentina Oil and Chemicals Storage Sector, Storage Capacity Share by Area 67
7.3 Argentina Oil and Chemicals Storage Sector, Capacity Market Share by Company 68
7.4 Argentina Oil and Chemicals Storage Sector, Storage Capacity 69
8 Profile of YPF S.A. 70
8.1 YPF S.A., Key Information 70
8.2 YPF S.A., Company Overview 70
8.3 YPF S.A., Business Description 70
8.3.1 Business Overview 70
9 Profile of TOTAL S.A 73
9.1 Total S.A., Key Information 73
9.2 Total S.A., Company Overview 73
9.3 Total S.A., Business Description 73
9.3.1 Business Overview 73
9.3.2 Chemicals 74
9.3.3 Downstream 75
9.3.4 Upstream 76
9.4 TOTAL S.A., SWOT Analysis 77
9.4.1 Overview 77
9.4.2 Total S.A. Strengths 78
9.4.3 Total S.A. Weaknesses 79
9.4.4 Total S.A. Opportunities 80
9.4.5 Total S.A. Threats 81
10 Profile of Chevron Corporation 83
10.1 Chevron Corporation, Key Information 83
10.2 Chevron Corporation, Company Overview 83
10.3 Chevron Corporation, Business Description 83
10.3.1 Business Overview 83
10.3.2 Downstream 84
10.3.3 Other 85
10.3.4 Upstream 86
10.4 Chevron Corporation, SWOT Analysis 87
10.4.1 Overview 87
10.4.2 Chevron Corporation Strengths 88
10.4.3 Chevron Corporation Weaknesses 89
10.4.4 Chevron Corporation Opportunities 90
10.4.5 Chevron Corporation Threats 91
11 Financial Deals Landscape 93
11.1 Detailed Deal Summary 93
11.1.1 Acquisition 93
11.1.2 Private Equity 101
11.1.3 Equity Offerings 102
11.1.4 Debt Offerings 103
11.1.5 Partnerships 104
11.1.6 Asset Transactions 106
12 Recent Developments 114
12.1 License Rounds 114
12.1.1 Aug 09, 2011: Argentina Postpones Bidding Round For 32 Offshore Blocks 114
12.2 License Awards 114
12.2.1 Dec 01, 2011: President Petroleum Receives License Extension For Argentine Concession, Puesto Guardian 114
12.2.2 Nov 01, 2011: Delta Mutual Secures Valle de Lerma Exploration License In Argentina 114
12.3 Other Significant Developments 115
12.3.1 Apr 19, 2012: Unlawful Expropriation Of YPF Does Not Affect Repsol's Growth Capacity Outside Argentina: Repsol 115
12.3.2 Apr 18, 2012: Argentina To Take Control Of YPF 115
12.3.3 Apr 18, 2012: Spain To Retaliate Against Argentina's Seizure Of YPF 116
12.3.5 Apr 04, 2012: Petrobras Assures Compliance With Met License Terms For Veta Escondida Concession In Neuquen Province, Argentina 118
12.3.6 Mar 29, 2012: President Petroleum Provides Update On DP-1001 Well At Puesto Guardian Concession In Argentina 118
12.3.7 Mar 29, 2012: Gran Tierra Energy Provides Operations Update 119
12.3.8 Mar 23, 2012: Americas Petrogas Provides Update On Hua.x-1 Well At Huacalera Block In Argentina 120
13 Appendix 122
13.1 Abbreviations 122
13.2 Methodology 122
13.2.1 Coverage 122
13.2.2 Secondary Research 123
13.2.3 Primary Research 123
13.3 Contact Us 123
13.4 Disclaimer 124
List of Tables
1.1 List of Tables
Table 1: Argentina, Historic and Forecast Production and Consumption of Oil, Thousand Barrels Per Day, 2000-2020 11
Table 2: Argentina, Historic and Forecast Exports and Imports of Oil, Thousand Barrels Per Day, 2000-2020 13
Table 3: Argentina, Historic Reserves of Crude Oil, Million Barrels, 2000-2011 15
Table 4: South and Central America, Investment Benchmarking, Overall Country Rankings, Jun 2012 17
Table 5: South and Central America, Investment Benchmarking, Upstream Fiscal Attractiveness, Jun 2012 18
Table 6: South and Central America, Investment Benchmarking, Oil Sector Performance, Jun 2012 19
Table 7: South and Central America, Investment Benchmarking, Economic Performance, Jun 2012 23
Table 8: South and Central America, Country Standings, Economic Performance, Jun 2012 24
Table 9: South and Central America, Investment Benchmarking, Socio-Political Performance, Jun 2012 26
Table 10: South and Central America, Country Standings, Socio-Political Performance, by Exploration Growth- FDI Confidence and Governance Indices, Jun 2012 26
Table 43: Crown Point Ventures To Acquire Antrim Argentina From Antrim Energy For $54.3 Million 93
Table 44: Andes Energia Acquires Grecoil y Cia For $9 Million 95
Table 45: PDVSA Argentina Acquires Additional 47.2% Stake In Petrolera del Conosur For $11 Million 96
Table 46: Canoel International Energy To Acquire A Private Corporation For $1.5 Million 97
Table 47: Americas Petrogas Acquires Energicon 98
Table 48: Fintech Energy Acquires 42.7% Stake In Emgasud From Fides Group 99
Table 49: Grupo Petersen Acquires Additional 10% Stake In YPF From Repsol For $1,304 Million 99
Table 50: Medanito Receives $48 Million From IFC And IFC ALAS 101
Table 51: Gas y Petroleo del Neuquen Plans IPO 102
Table 52: RPT Resources Completes Private Placement Of Subscription Receipts For $29.4 Million 102
Table 53: Pan American Energy Plans Notes Offering Of $500 Million 103
Table 54: Wintershall Energia Awarded Exploration Permit For Cuenca Neuquina-V (CN-V) In Argentina 104
Table 55: Americas Petrogas Awarded Onshore Medanito Sur Exploration License In Argentina 104
Table 56: New Sage Enters Into Letter Of Agreement With Caribe Oil & Gas To Jointly Pursue Petroleum And Natural Gas Opportunities In Argentina 105
Table 57: Crown Point Acquires Remaining 50% Interest In Laguna De Piedra Exploration Concession For $0.5 Million 106
Table 58: Azabache Energy To Acquire 20% Working Interest In Covunco Norte Block From Colhue Huapi For $1.8 Million 107
Table 59: Americas Petrogas To Acquire Additional 40% Interest In Loma Ranqueles Shale Block In Argentina 108
Table 60: Americas Petrogas To Farm-Out 45% Interest In Los Toldos Blocks In Argentina To ExxonMobil Exploration 109
Table 61: President Petroleum Enters Into Farm-In Agreement With Tripetrol Petroleum 110
Table 62: Americas Petrogas Acquires Working Interests In Los Toldos, Totoral, Yerba Buena And Bajada Colorada 111
Table 63: Oil India Plans To Acquire Certain Stake In Argentina Shale Gas Assets 112
Table 64: Apache Acquires 50% Interest In Santa Victoria Block From Gran Tierra Energy 113
List of Figures
1.2 List of Figures
Figure 1: Argentina, Primary Energy Consumption Split By Fuel Type (%), 2011 10
Figure 2: Argentina, Oil Production and Consumption, Thousand Barrels Per Day, 2000-2020 12
Figure 3: Argentina, Oil Exports and Imports, Thousand Barrels Per Day, 2000-2020 14
Figure 4: Argentina, Crude Oil Reserves, Million Barrels, 2000-2011 15
Figure 5: South and Central America, Country Standings, Upstream Fiscal Attractiveness, Jun 2012 18
Figure 6: South and Central America, Country Standings, Oil Sector Performance by Reserves - Exploration & Production, Jun 2012 20
Figure 7: South and Central America, Country Standings, Oil Sector Performance, by Production-Consumption & Refining, Jun 2012 21
Figure 8: South and Central America, Country Standings, Number Of Exploration Blocks Awarded, Jun 2012 22
Figure 9: South and Central America, Country Standings, Economic Performance by FDI Confidence- GDP Growth & Production, Jun 2012 24
Figure 10: South and Central America, Country Standings, Socio-Political Performance, by Exploration Growth- FDI Confidence and Governance Indices, Jun 2012 27
Figure 11: Argentina, Crude Oil Assets Map, Jun 2012 28
Figure 12: Argentina, Total Gross Crude Oil Production (MMBBLs), 2003-2011 29
Figure 13: Argentina, Total Gross Crude Oil Production (MMBBLs) by Type, 2003-2011 30
Figure 14: Argentina, Gross Equity Weighted Crude Oil Production (MMBBLs) by Key Companies, 2003-2011 34
Figure 15: Argentina, Market Share (%) of Key Companies based on Gross Equity Weighted Crude Oil Production, 2011 35
Figure 16: Argentina, Number of Oil Discoveries, 2006- 2011 49
Figure 17: Argentina, Crude Oil Pipeline Length By Company (Km), Jun 2012 57
Figure 18: Argentina, Petroleum Product Pipeline Length By Company (Km), Jun 2012 58
Figure 19: Argentina, Total Refining Capacity (MMTPA), 2005- 2016 62
