Until that year, Dickson Lake was entirely within Chilean territory, at the northern end of the Torres del Paine National Park in the Magallanes y la Antártica Chilena Region, but it was unified with a lake that began to form in the 1980s by defrosting the melting of the Dickson, Cubo (or Cincuentenario) and Frías (or Grande) glaciers.

That lake was on the Argentine side when the Agreement was signed to specify the route of the limit from Mount Fitz Roy to the Daudet Hill of 1998, in a sector adjacent to the Los Glaciares National Park, but without being part of it.

Administratively, it is part of the Argentine province of Santa Cruz, while on the Chilean side, it belongs to the Magallanes Region.

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