While the basin remains an attractive destination technically, this is somewhat offset by the country Outlook, which continues to be hampered by regulatory uncertainty and extended approvals.
January 25, 2024
Americas - South
The SCB contains late Palaeozoic and Mesozoic sediments with a fairly thick cover of Tertiary strata, consisting of about 2,300ft of Neogene rocks above a Paleogene sequence. The Paleogene sequence includes most of the stratigraphic units recognized in the analogous Talara basin. Onshore well control indicates that the Palaeozoic and Mesozoic sequences are also similar to the units in the Talara basin, except that rocks of Aptian age are the oldest Mesozoic in the Talara basin, whereas the SCB contains both Triassic and Jurassic strata.
The SCB largest of Peru's shelf basins, and has been widely studied, although sparsely explored. There is a significant volume of geophysical data, including some 12,700km of 2D seismic, as well as a slew of gravity and magnetic studies.
Source: ESRI, BGS, USGS & OGA data
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