Atzam is a producing conventional oil field located onshore Guatemala and is operated by Latin American Resources. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 1-2005 (Exploration) and 1-2005 (Production). Buy the profile here.
Field participation details
The field is owned by Others, Pearl Global and Star Phoenix Group.
Production from Atzam
The Atzam conventional oil field recovered 51.99% 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 2048. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 0.69 Mmboe, comprised of 0.69 Mmbbl of crude oil & condensate.
For more details on the Atzam Conventional Oil Field, buy the profile here.