Xan is a producing heavy oil field located onshore Guatemala and is operated by Perenco – Guatemala. The field is located in block 2-85.
Field participation details
The field is owned by Perenco Holdings.
Production from Xan
The Xan heavy oil field recovered 89.95% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 24.02 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033. The field currently accounts for approximately 70% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 11.45 Mmboe, comprised of 11.45 Mmbbl of crude oil & condensate. Xan heavy oil field reserves accounts 0.03% of total remaining reserves of producing heavy oil fields globally.
Methodology
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.