Fracking in Mexico: Challenges and Key Success Factors

Pemex plans to increase shale activity in the next few years, budgeting over $575m in 2014, highlighting some 200 shale gas opportunities in five geologic provinces in eastern Mexico, and opening up the bidding process for drilling shale fields. It aims to attract as...

Fracking: Where Will Latin America Be Without It?

Latin America, which holds approximately one-fourth of the world’s recoverable shale oil and gas reserves, is poised to reap the benefits of the North American shale revolution between now and 2025.  Ranked by shale reserves, the five largest countries in Latin...

Fracking Fever in Colombia

In Colombia, shale potential is mainly present in three of its 23 basins: the Middle Magdalena Valley (MMVB), Llanos, and Catatumbo basins, amounting to a total shale gas reserve of 55 tcf. Potential shale formations are also believed to exist in the Caguan-Putamayo,...