Report summarySpain is a small oil and gas producer. Oil production peaked in 1983 at rates of 59,300 b/d while gas production peaked in 1989 at 156.3 mmcfd . Of the initial 383 mmboe commercially recoverable reserves, only 5.3% are yet to be produced. Oil production is focused off Spain's east coast, in the Gulf of Valencia/Ebro Delta Basin, while gas production is concentrated in the southwest of the country, in the onshore Rio Guadalquivir Basin and offshore Gulf of Cadiz Basin. Small volumes ...
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