Spanish Lookout is a producing conventional oil field located onshore Belize and is operated by Belize Natural Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 211/L (Spanish Lookout), 211/J (Spanish Lookout), 192/Y (Spanish Lookout), 211/N (Spanish Lookout), 211/E, 211/I, 212/A (Spanish lookout), 193/U (Spanish Lookout), 211/H, 192/X (Spanish Lookout), 211/C (Spanish Lookout), 211/M (Spanish Lookout), 211/B (Spanish Lookout), 211/D, and 211/G (Spanish Lookout). Buy the profile here.
Field participation details
The field is owned by International Natural Energy.
Production from Spanish Lookout
The Spanish Lookout conventional oil field recovered 93.09% of its total recoverable reserves, with peak production in 2009. The peak production was approximately 4.39 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2039. The field currently accounts for approximately 98% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 0.92 Mmboe, comprised of 0.92 Mmbbl of crude oil & condensate.
About Belize Natural Energy
Belize Natural Energy Ltd, is an oil exploration company.
For more details on the Spanish Lookout Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
