Country report
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20 Pages

Guatemala upstream summary

Guatemala upstream summary

Report summary

Guatemala is located in Central America, next to Mexico and Belize. Until 2001, it was the only Central American country with proven hydrocarbon reserves. However, it produces only modest volumes of oil and is dependent on imports for most of its energy needs. Historically, the country attracted both major and minor players, but a 36-year civil war greatly inhibited activity until peace accords were struck in 1996. Since then there has been an increase in exploration and development work, ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 743.35 KB 20 Pages, 10 Tables, 7 Figures
  • Country Overview XLS - 411.00 KB


Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
  • Geology
    • Introduction
    • Tectonic phases
    • Petén basin
    • Reservoir
    • Source rocks
    • Amatique basin
    • Pacific basin
  • Exploration
    • Licensing
      • 2010 licensing round
      • 2012 licensing round
    • Drilling
      • Drilling activity
    • Petén basin
    • Amatique basin
    • Pacific basin
  • Reserves and resources
  • Production
    • Oil/liquids
    • Gas
  • Infrastructure
    • Oil infrastructure
      • Pipelines
    • Gas infrastructure
      • Refineries
  • Policy and regulation
    • Key legislation
    • Regulatory body
    • State oil company
    • International boundaries
      • Border dispute with Belize
    • Licensing
      • License types
      • Unitisation
      • Local content
  • Fiscal terms
    • Overview
    • Current fiscal terms
      • Royalty
      • Cost recovery
      • Profit split
      • Corporate Income Tax
      • Other taxes
      • Bonuses, rentals and fees

In this report there are 17 tables or charts, including:

  • Executive summary
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Country Map
  • Key companies
  • Geology
    • Map of Basins
    • Geology: Image 2
  • Exploration
    • Licences
    • Exploration Drilling
  • Reserves and resources
    • Reserves and resources: Table 1
  • Production
    • Production: Table 1
    • Production: Table 2
    • Liquid Production
  • Infrastructure
    • Infrastructure: Table 1
    • Infrastructure: Table 2
    • Infrastructure Map
  • Policy and regulation
    • Policy and regulation: Table 1
  • Fiscal terms
    • Fiscal terms: Table 1
    • Fiscal terms: Table 2
    • Fiscal terms: Table 3
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