Politics · Peru
Key Facts
—Hydrocarbons Regulation Peru’s Ministry of Energy and Mines published a draft regulation to replace the 2004 hydrocarbons rule, aiming to revive exploration after only three wells were drilled in five years.
—Modern Drilling Standards The proposal explicitly recognizes international technologies like directional drilling and hydraulic fracturing for the first time in Peruvian regulation.
—Digital Supervision A national remote-metering system is proposed to digitize oversight of hydrocarbons operations.
