Technical Evaluation Agreements
For hydrocarbons exploration, Peru has many different areas that are located in 18 sedimentary basins. The best options for exploration are concentrated in the areas which geological and geophysical information have defined potential discoveries and in some cases, have logistic facilities.
The areas which have low geological and geophysical information, which include in some cases the edges of traditional basins (Maranon, Ucayali, etc.) and other non-traditional basins, are not attractive for exploration. These areas are those which are usually known in the oil industry as frontier areas, which is required to provide more technical information to improve their attractiveness for exploration.
The border areas are not considered as exploration target for not having tested to date containing an Oil System consists of: source rock, seal rock, reservoir rock, stratigraphic or combined structural traps, organic maturity levels sufficient to generate hydrocarbons (kitchen), synchrony of the foregoing factors or timing of the trap to capture the generated hydrocarbons.
To the extent that there are border areas that require geological and geophysical exploration pioneers that give greater value, should promote the development of these studies and evaluations through the signing of the Technical Evaluation Agreements and Other Agreements, because otherwise, these areas will continue without attracted for their promotion and subsequent contracting for hydrocarbons exploration and exploitation.
The agreements are classified according to type of work, works to be done by the companies or entities that have signed, which may include the use of information in PERUPETRO Data Bank and/or new information generating. These are: