Assessment of undiscovered petroleum resources in Central and South America
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Abstract
The USGS has assessed undiscovered conventional oil and gas resources in 128 selected petroleum provinces of the world. Of these 128 provinces, 23 are in South America, Central America, and the Caribbean area. In the USGS 2000 Assessment, the provinces resulted in mean totals for undiscovered resource of 105 billion bbl of oil and 487 tcf of gas. The potential for giant oil and gas fields is greatest in the basins along the Atlantic margin of eastern South America, from the Santos Basin in the south to the Guyana-Suriname Basin in the north. The potential for giant fields is mainly offshore, in water depths up to 3600 m. The South and Central America region ranks third in the world for undiscovered conventional oil and gas behind the Middle East and the Former Soviet Union.
Suggested Citation
Schenk, C.J., 2002, Assessment of undiscovered petroleum resources in Central and South America, in World Petroleum Congress Proceedings, v. 2, Rio de Janeiro, 1 September 2002 through 5 September 2002.
| Publication type | Conference Paper |
|---|---|
| Publication Subtype | Conference Paper |
| Title | Assessment of undiscovered petroleum resources in Central and South America |
| Volume | 2 |
| Year Published | 2002 |
| Language | English |
| Larger Work Title | World Petroleum Congress Proceedings |
| First page | 175 |
| Conference Title | Proceedings of the 17th World Petroleum Congress |
| Conference Location | Rio de Janeiro |
| Conference Date | 1 September 2002 through 5 September 2002 |