Ocultun is a producing conventional oil field located onshore Guatemala and is operated by City Peten S De RL. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 1-2006. Buy the profile here.
Field participation details
The field is owned by Ford Resources Group.
Production from Ocultun
The Ocultun conventional oil field recovered 31.36% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 0.83 thousand bpd of crude oil and condensate and 1.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2078. The field currently accounts for approximately 13% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 4.56 Mmboe, comprised of 4.45 Mmbbl of crude oil & condensate and 0.64 bcf of natural gas reserves.
For more details on the Ocultun Conventional Oil Field, buy the profile here.