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.

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Field participation details

The field is owned by International Natural Energy.

Production from Spanish Lookout

The Spanish Lookout conventional oil field recovered 94.12% of its total recoverable reserves, with peak production in 2009. 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.

About Belize Natural Energy

Belize Natural Energy Ltd (BNE) is a Belizean oil exploration and production company established in 2007. The company operates in the northwest region of Belize, and its primary focus is on identifying, exploring, and developing hydrocarbon resources in the area. BNE has been successful in discovering and producing crude oil in commercial quantities, which has helped to reduce Belize's reliance on imported oil. The is company in headquartered in Belize, Belize.

For more details on the Spanish Lookout Conventional Oil Field, buy the profile here.

This content was updated on 7 February 2024

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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.