Belize: World Oil Report 1991

Journal Article · Thu Aug 01 00:00:00 EDT 1991 · World Oil; (United States)

OSTI ID:5792741

This paper reports that government figures show that drilling resumed in 1990 after a two-year hiatus. Two wells totaling 15,696 ft were completed as tight holes, although they are believed to be dry. The Ministry of Natural Resources forecasts one offshore and three onshore wells for this year, but that figure may be too optimistic. Pentagon Petroleum last December acquired 268,00-acre Block V-14 in the 15-million-acre Peten basin of northwest Belize. A month later, Houston-based Vaalco Energy took an 80% farmout from Pentagon and scheduled a 25-mi seismic survey in addition to other work being conducted on its Blocks 6, 7 and 8.

• OSTI ID: 5792741
• Journal Information: World Oil; (United States), Vol. 212:8; ISSN 0043-8790
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
02 PETROLEUM
29 ENERGY PLANNING
POLICY AND ECONOMY
BELIZE
OIL FIELDS
EXPLORATORY WELLS
PLANNING
NATURAL GAS
PRICES
FORECASTING
MARKET
RESOURCE DEVELOPMENT
REVIEWS
WELL COMPLETION
WELL DRILLING
CENTRAL AMERICA
DOCUMENT TYPES
DRILLING
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GEOLOGIC DEPOSITS
LATIN AMERICA
MINERAL RESOURCES
PETROLEUM DEPOSITS
RESOURCES
WELLS
030600* - Natural Gas- Economic
Industrial
& Business Aspects
020700 - Petroleum- Economics
Industrial
& Business Aspects
294003 - Energy Planning & Policy- Natural Gas