Country Report

Paraguay upstream summary

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Paraguay is land-locked in the centre of South America and is surrounded by hydrocarbon-rich countries Brazil, Argentina, and Bolivia. Over 50 exploration wells have been drilled, although the first potentially significant hydrocarbons discovery was not made until 2014. The country imports and consumes around 28,000 b/d of refined products. The Chaco region in the northwest of the country (the Carandayty and Curupayty sub-basins) was originally considered to be the most prospective region. ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
    • Noroeste basin (Pirity sub-basin)
    • Santa Cruz basin (Carandayty and Curupayty sub-basins)
    • Chaco-Paraná (Noreste) basin
    • Licensing
    • Drilling
      • Drilling activity
  • Reserves and resources
    • Oil/liquids
    • Gas
    • Introduction
    • Oil infrastructure
      • Villa Elisa refinery
    • Gas infrastructure
    • Key legislation
    • Regulatory body
    • State oil company
    • State participation
    • Licensing
    • Overview
    • Current fiscal terms
    • Royalty
    • Corporate income tax
      • Tax rate
      • Deductibles and depreciation
      • Other taxes
    • Sample cash flow
    • Marginal government take calculation
      • Methodology

Tables and charts

This report includes the following images and tables:

  • Key facts: Table 1
  • Country Map
  • Net Acreage 2025
  • Map of Basins
  • Map
  • Fiscal terms: Table 1
  • Fiscal terms: Table 3
  • Fiscal terms: Table 4
  • Exploration Drilling
  • Fiscal terms: Table 2
  • GEM models

What's included

This report contains:

  • Document

    Country Overview

    PDF 12.27 MB

  • Document

    Country Overview

    XLS 325.50 KB