{"id":33912,"date":"2026-06-26T10:54:06","date_gmt":"2026-06-26T15:54:06","guid":{"rendered":"https:\/\/www.olade.org\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/"},"modified":"2026-06-26T10:59:04","modified_gmt":"2026-06-26T15:59:04","slug":"lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase","status":"publish","type":"noticias","link":"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/","title":{"rendered":"LAC oil production surpasses 370 million barrels in february, marking a 27% year-on-year increase"},"content":{"rendered":"<p>The region is entering a new phase of expansion in the hydrocarbons sector. According to OLACDE\u2019s latest Oil and Natural Gas Report, oil production rose by 27% year-on-year in February 2026, reaching 377 million barrels, compared to 298 million barrels in the same month last year.<\/p>\n<p>This increase reflects a significant restructuring of the regional energy landscape. Operational activity in Vaca Muerta (Argentina), record-high extraction in Brazil\u2019s pre-salt layer, and rising output in Mexico are driving regional supply to levels not seen in the past twelve months.<\/p>\n<p>On a monthly basis, production also grew by 4.4% compared to January, supported by the recovery in Brazil and Venezuela following declines in the previous month. Brazil, Mexico, and Venezuela account for 68% of total regional oil production, underscoring the strategic role these three countries play in the sector\u2019s momentum across the region.<\/p>\n<p><strong>Natural gas: even faster growth<\/strong><\/p>\n<p>Natural gas production expanded at an even stronger pace. According to the report, output reached 26 billion cubic meters, representing a 30% year-on-year increase.<\/p>\n<p>The main drivers behind this growth are once again Argentina and Brazil. The development of shale gas in Vaca Muerta, combined with unprecedented production in Brazil\u2019s pre-salt fields, is reshaping the regional supply matrix at a time when natural gas is consolidating its role as a transition fuel to support electricity systems with high renewable penetration.<br \/>\nArgentina and Trinidad and Tobago lead the market with a 21% share each, followed by Brazil with 13%, Peru with 12%, while Venezuela, Bolivia, and Mexico each account for approximately 9%.<\/p>\n<p>OLACDE\u2019s report confirms that while the region remains a global leader in renewable electricity generation, it is also strengthening its role as a strategic global supplier of hydrocarbons.<\/p>\n<p><strong>Full report:<\/strong> <a href=\"https:\/\/www.olade.org\/en\/publicaciones\/june-2026oil-and-natural-gas-report-in-latin-america-and-the-caribbean\/\">https:\/\/www.olade.org\/en\/publicaciones\/june-2026oil-and-natural-gas-report-in-latin-america-and-the-caribbean\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>OLACDE\u2019s latest monthly report shows a strong rebound in regional hydrocarbons. The surge is reshaping Latin America and the Caribbean\u2019s energy balance amid a volatile global market.<\/p>\n","protected":false},"author":1,"featured_media":33914,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[252,26],"tags":[],"class_list":["post-33912","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","category-news","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.0 (Yoast SEO v23.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LAC oil production surpasses 370 million barrels in february, marking a 27% year-on-year increase - OLACDE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LAC oil production surpasses 370 million barrels in february, marking a 27% year-on-year increase\" \/>\n<meta property=\"og:description\" content=\"OLACDE\u2019s latest monthly report shows a strong rebound in regional hydrocarbons. The surge is reshaping Latin America and the Caribbean\u2019s energy balance amid a volatile global market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/\" \/>\n<meta property=\"og:site_name\" content=\"OLACDE\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/OLADEORG\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-26T15:59:04+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.olade.org\/wp-content\/uploads\/2026\/06\/2-9.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"847\" \/>\n\t<meta property=\"og:image:height\" content=\"570\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@OLADEORG\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/\",\"url\":\"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/\",\"name\":\"LAC oil production surpasses 370 million barrels in february, marking a 27% year-on-year increase - OLACDE\",\"isPartOf\":{\"@id\":\"https:\/\/www.olade.org\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.olade.org\/wp-content\/uploads\/2026\/06\/2-9.jpg\",\"datePublished\":\"2026-06-26T15:54:06+00:00\",\"dateModified\":\"2026-06-26T15:59:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/#primaryimage\",\"url\":\"https:\/\/www.olade.org\/wp-content\/uploads\/2026\/06\/2-9.jpg\",\"contentUrl\":\"https:\/\/www.olade.org\/wp-content\/uploads\/2026\/06\/2-9.jpg\",\"width\":847,\"height\":570},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.olade.org\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Noticias\",\"item\":\"https:\/\/www.olade.org\/en\/noticias\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"LAC oil production surpasses 370 million barrels in february, marking a 27% year-on-year increase\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.olade.org\/en\/#website\",\"url\":\"https:\/\/www.olade.org\/en\/\",\"name\":\"OLADE\",\"description\":\"La Organizaci\u00f3n Latinoamericana y Caribe\u00f1a de Energ\u00eda\",\"publisher\":{\"@id\":\"https:\/\/www.olade.org\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.olade.org\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.olade.org\/en\/#organization\",\"name\":\"OLADE\",\"url\":\"https:\/\/www.olade.org\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.olade.org\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.olade.org\/wp-content\/uploads\/2024\/03\/Logo-OLADE-WEB_Color.png\",\"contentUrl\":\"https:\/\/www.olade.org\/wp-content\/uploads\/2024\/03\/Logo-OLADE-WEB_Color.png\",\"width\":300,\"height\":132,\"caption\":\"OLADE\"},\"image\":{\"@id\":\"https:\/\/www.olade.org\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/OLADEORG\",\"https:\/\/x.com\/OLADEORG\",\"https:\/\/www.youtube.com\/user\/oladeorg\",\"https:\/\/www.instagram.com\/oladealc\/\",\"https:\/\/www.linkedin.com\/company\/olade\/\"],\"description\":\"La Organizaci\u00f3n Latinoamericana de Energ\u00eda (OLADE) es un organismo de cooperaci\u00f3n, coordinaci\u00f3n y asesor\u00eda t\u00e9cnica, de car\u00e1cter p\u00fablico intergubernamental, constituido el 2 de noviembre de 1973 mediante la suscripci\u00f3n del Convenio de Lima, ratificado por 27 pa\u00edses de Am\u00e9rica Latina y El Caribe, con el objetivo fundamental de fomentar la integraci\u00f3n, conservaci\u00f3n, racional aprovechamiento, comercializaci\u00f3n y defensa de los recursos energ\u00e9ticos de la Regi\u00f3n.\",\"email\":\"info@olade.org\",\"telephone\":\"+59322598122\",\"legalName\":\"Organizaci\u00f3n Latinoamericana de Energ\u00eda\",\"foundingDate\":\"1973-11-02\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"51\",\"maxValue\":\"200\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"LAC oil production surpasses 370 million barrels in february, marking a 27% year-on-year increase - OLACDE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/","og_locale":"en_US","og_type":"article","og_title":"LAC oil production surpasses 370 million barrels in february, marking a 27% year-on-year increase","og_description":"OLACDE\u2019s latest monthly report shows a strong rebound in regional hydrocarbons. The surge is reshaping Latin America and the Caribbean\u2019s energy balance amid a volatile global market.","og_url":"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/","og_site_name":"OLACDE","article_publisher":"https:\/\/www.facebook.com\/OLADEORG","article_modified_time":"2026-06-26T15:59:04+00:00","og_image":[{"width":847,"height":570,"url":"http:\/\/www.olade.org\/wp-content\/uploads\/2026\/06\/2-9.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@OLADEORG","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/","url":"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/","name":"LAC oil production surpasses 370 million barrels in february, marking a 27% year-on-year increase - OLACDE","isPartOf":{"@id":"https:\/\/www.olade.org\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/#primaryimage"},"image":{"@id":"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/#primaryimage"},"thumbnailUrl":"https:\/\/www.olade.org\/wp-content\/uploads\/2026\/06\/2-9.jpg","datePublished":"2026-06-26T15:54:06+00:00","dateModified":"2026-06-26T15:59:04+00:00","breadcrumb":{"@id":"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/#primaryimage","url":"https:\/\/www.olade.org\/wp-content\/uploads\/2026\/06\/2-9.jpg","contentUrl":"https:\/\/www.olade.org\/wp-content\/uploads\/2026\/06\/2-9.jpg","width":847,"height":570},{"@type":"BreadcrumbList","@id":"https:\/\/www.olade.org\/en\/noticias\/lac-oil-production-surpasses-370-million-barrels-in-february-marking-a-27-year-on-year-increase\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.olade.org\/en\/"},{"@type":"ListItem","position":2,"name":"Noticias","item":"https:\/\/www.olade.org\/en\/noticias\/"},{"@type":"ListItem","position":3,"name":"LAC oil production surpasses 370 million barrels in february, marking a 27% year-on-year increase"}]},{"@type":"WebSite","@id":"https:\/\/www.olade.org\/en\/#website","url":"https:\/\/www.olade.org\/en\/","name":"OLADE","description":"La Organizaci\u00f3n Latinoamericana y Caribe\u00f1a de Energ\u00eda","publisher":{"@id":"https:\/\/www.olade.org\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.olade.org\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.olade.org\/en\/#organization","name":"OLADE","url":"https:\/\/www.olade.org\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.olade.org\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.olade.org\/wp-content\/uploads\/2024\/03\/Logo-OLADE-WEB_Color.png","contentUrl":"https:\/\/www.olade.org\/wp-content\/uploads\/2024\/03\/Logo-OLADE-WEB_Color.png","width":300,"height":132,"caption":"OLADE"},"image":{"@id":"https:\/\/www.olade.org\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/OLADEORG","https:\/\/x.com\/OLADEORG","https:\/\/www.youtube.com\/user\/oladeorg","https:\/\/www.instagram.com\/oladealc\/","https:\/\/www.linkedin.com\/company\/olade\/"],"description":"La Organizaci\u00f3n Latinoamericana de Energ\u00eda (OLADE) es un organismo de cooperaci\u00f3n, coordinaci\u00f3n y asesor\u00eda t\u00e9cnica, de car\u00e1cter p\u00fablico intergubernamental, constituido el 2 de noviembre de 1973 mediante la suscripci\u00f3n del Convenio de Lima, ratificado por 27 pa\u00edses de Am\u00e9rica Latina y El Caribe, con el objetivo fundamental de fomentar la integraci\u00f3n, conservaci\u00f3n, racional aprovechamiento, comercializaci\u00f3n y defensa de los recursos energ\u00e9ticos de la Regi\u00f3n.","email":"info@olade.org","telephone":"+59322598122","legalName":"Organizaci\u00f3n Latinoamericana de Energ\u00eda","foundingDate":"1973-11-02","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"51","maxValue":"200"}}]}},"_links":{"self":[{"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/noticias\/33912"}],"collection":[{"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":1,"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/noticias\/33912\/revisions"}],"predecessor-version":[{"id":33916,"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/noticias\/33912\/revisions\/33916"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/media\/33914"}],"wp:attachment":[{"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/media?parent=33912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/categories?post=33912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/tags?post=33912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}