Paraguay upstream summary Report

Country Report 02 January 2019

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Report summary

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. ...

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