Skip to main content
U.S. Department of Energy
Office of Scientific and Technical Information

Guatemala accelerates efforts to attract foreign E and D capital

Journal Article · · Oil and Gas Journal
OSTI ID:423117
The Guatemalan government, headed by recently elected President Alvaro Arzu, has embarked on an ambitious program of petroleum exploration and development with the goal of producing 40,000 b/d by 2000. Production averaged 16,000 b/d last fall and was to be raised to 25,000 b/d by year end 1996. Oil and gas exploration began in Guatemala in the 1920s, but production is currently limited to two regions in the Peten basin in northeastern Guatemala. Officials at the Ministry of Energy and Mines aim to encourage comprehensive evaluation of the Peten basin as well as exploration of the Amatique basin in southeastern Guatemala and the Pacific basin on the country`s Pacific coast. The paper describes the Peten basin, the Amatique basin, the Pacific basin, bidding, and contract rules.
OSTI ID:
423117
Journal Information:
Oil and Gas Journal, Journal Name: Oil and Gas Journal Journal Issue: 3 Vol. 95; ISSN OIGJAV; ISSN 0030-1388
Country of Publication:
United States
Language:
English

Similar Records

Petroleum geology and resources of southeastern Mexico, northern Guatemala, and Belize
Conference · Thu May 01 00:00:00 EDT 1986 · Am. Assoc. Pet. Geol., Bull.; (United States) · OSTI ID:5198159

Regional geology of nuclear Central America and petroleum prospects of Belize
Conference · Tue Feb 28 23:00:00 EST 1989 · AAPG (Am. Assoc. Pet. Geol.) Bull.; (United States) · OSTI ID:6132605

Atmospheric lead in downtown Guatemala City
Journal Article · Thu Dec 31 23:00:00 EST 1981 · Environ. Sci. Technol.; (United States) · OSTI ID:5656936