Oil & Gas in Argentina

Research and Markets (http://www.researchandmarkets.com/research/k6b6vn/oil_and_gas_in_arg) has announced the addition of the “Oil & Gas in Argentina” report to their offering.

Oil & Gas in Argentina industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Argentina oil & gas market.Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Highlights:

  • The oil & gas market consists of the activities of exploration and production of oil & gas. The market values given in this report reflect the total value of oil and natural gas product consumption within a country, calculated using annual average prices in each respective country. Industry volumes reflect the total consumption of oil and natural gas in millions of barrels equivalent (BOE). Any currency conversions used in this report have been calculated using constant 2011 annual average exchange rates.
  • The Argentinian oil & gas market had total revenue of $32.2 billion in 2011, representing a compound annual growth rate (CAGR) of 5.5% between 2007 and 2011.
  • Market production volumes increased with a CAGR of 0.4% between 2007-2011, to reach a total of 540.1 million BOE in 2011.
  • The performance of the market is forecast to decelerate, with an anticipated CAGR of 4.9% for the five-year period 2011 – 2016, which is expected to drive the market to a value of $40.9 billion by the end of 2016.
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