Atzam is a producing conventional oil field located onshore Guatemala and is operated by Latin American Resources. The field is located in block 1-2005 (Exploration) and 1-2005 (Production).
Field participation details
The field is owned by Star Phoenix Group, Others and Pearl Global.
Production from Atzam
The Atzam conventional oil field recovered 97.25% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 0.45 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 0.02 Mmboe, comprised of 0.02 Mmbbl of crude oil & condensate.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.