Guatemala Oil Markets, 2010

Report Summary

This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the key sub-segments of the energy industry in Guatemala. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for each of the key sub-segments. It also provides information relating to the crude oil assets (oil fields, refineries, pipelines and storage terminals) in Guatemala. The report compares the investment environment in Guatemala with other countries in the region. The profiles of the major companies operating in the crude oil sector in Guatemala together with the latest news and deals are also included in the report.

Scope

• Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for each industry sub-segment for the period 1996-2020.
• Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Guatemala for the period 2000-2013.
• Operator and equity details for major crude oil assets in Guatemala.
• Key information relating to market regulations, key energy assets and the key companies operating in the Guatemala’s energy industry.
• Information on the top companies in the Guatemala including business description, strategic analysis, and financial information.
• Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
• Key mergers and acquisitions, partnerships, private equity and venture capital investments, and IPOs.

Reasons to buy

• Gain a strong understanding of the country’s energy market.
• Facilitate market analysis and forecasting of future industry trends.
• Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
• Assess your competitor’s major crude oil assets and their performance.
• Analyze the latest news and financial deals in the oil sector of each country.
• Develop strategies based on the latest operational, financial, and regulatory events.
• Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
• Identify and analyze the strengths and weaknesses of the leading companies in the country.

Table Of Contents

1 Table Of Contents 2
1.1 List of Tables 6
1.2 List of Figures 7

2 Guatemala Energy Sector 8
2.1 Guatemala Energy Sector, Market Overview 8
2.2 Guatemala Energy Sector, Crude Oil 9
2.2.1 Guatemala Crude Oil, Overview 9
2.2.2 Guatemala Crude Oil, Supply and Demand Balance 9
2.2.3 Guatemala Crude Oil, Regulatory Structure 15
2.2.4 Guatemala Crude Oil, Infrastructure 15

3 Guatemala Oil Upstream Investment Environment Benchmarking 16
3.1 Introduction 16
3.2 The Overall Ranking 16
3.3 Upstream Fiscal Attractiveness 17
3.3.1 Maximum Government Take Index 18
3.3.2 Maximum State Participation Index 18
3.3.3 Domestic Market Obligation Index 18
3.4 Oil Sector Performance 19
3.4.1 Exploration Activity 21
3.4.2 Oil Production 22
3.4.3 Oil Reserves 22
3.4.4 Oil Consumption 22
3.4.5 Refining Industry 23
3.5 Economic Performance 23
3.5.1 GDP Growth Index 25
3.5.2 FDI Confidence Index 25
3.5.3 Balance of Trade Index 25
3.6 Socio-Political Performance 25
3.6.1 Democracy Index 27
3.6.2 Governance Index 27

4 Guatemala Exploration and Production Sector 28
4.1 Guatemala Exploration and Production Sector, Country Snapshot 28
4.1.1 Guatemala Exploration and Production Sector, Key Data 28
4.1.2 Guatemala Exploration And Production Sector, Crude Oil Fields Map 28
4.2 Guatemala Exploration and Production Sector, Gross Crude Oil Production 29
4.2.1 Guatemala Exploration and Production Sector, Total Gross Crude Oil Production 29
4.2.2 Guatemala Exploration and Production Sector, Gross Crude Oil Production by Type 30
4.2.3 Guatemala Exploration and Production Sector, Gross Crude Oil Production by Assets 31
4.2.4 Guatemala Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 31
4.2.5 Guatemala Exploration and Production Sector, Market Share based on Gross Equity Weighted Crude Oil Production 32
4.3 Guatemala Exploration And Production Sector, Crude Oil Asset Details 33
4.3.1 Guatemala Exploration And Production Sector, Active Crude Oil Asset Details 33
4.3.2 Guatemala Exploration And Production Sector, Planned Crude Oil Asset Details 34
4.4 Guatemala Exploration and Production Sector, Major Oil Discoveries 34
4.4.1 Guatemala Exploration and Production Sector, Number of Oil Discoveries 34
4.4.2 Guatemala Exploration and Production Sector, Oil Discovery Details 34
4.5 Drilling and Production Updates 34
4.5.1 Feb 23, 2010: Quetzal Energy Spuds Atzam #3A Development Well In Guatemala 34
4.5.2 Jul 23, 2009: Quetzal Energy Delays Drilling Operations At Atzam #3 Well In Guatemala 35
4.5.3 Jun 25, 2009: Quetzal Energy Provides Drilling Updates On Atzam #3 Well, Atzam Field, Guatemala 35

5 Gautemala Pipeline Sector 37
5.1 Gautemala Pipeline Sector, Key Data 37
5.2 Guatemala Pipeline Sector, An Overview 37
5.3 Guatemala Pipeline Sector, Comparision of Key Crude Oil Pipeline Companies 37
5.4 Guatemala Pipeline Sector, Crude Oil Pipelines 38

6 Guatemala Oil and Chemicals Storage Sector 39
6.1 Guatemala Oil and Chemicals Storage Sector, Key Data 39
6.2 Guatemala Oil and Chemicals Storage Sector, An Overview 39
6.2.1 Guatemala Oil and Chemicals Storage Sector, Total Storage Capacity 39
6.3 Guatemala Oil and Chemicals Storage Sector, Capacity – Wise Market Share by Company 40
6.4 Oil and Chemicals Storage Sector, Storage Capacity 42

7 Profile of Perenco 43
7.1 Perenco, Key Information 43
7.2 Perenco, Company Overview 43
7.3 Perenco, Business Description 43
7.3.1 Business Overview 43

8 Profile of Exxon Mobil Corporation 45
8.1 Exxon Mobil Corporation, Key Information 45
8.2 Exxon Mobil Corporation, Company Overview 45
8.3 Exxon Mobil Corporation, Business Description 45
8.3.1 Business Overview 45
8.3.2 Chemical 46
8.3.3 Downstream 47
8.3.4 Upstream 48
8.4 Exxon Mobil Corporation, SWOT Analysis 50
8.4.1 Overview 50
8.4.2 Exxon Mobil Corporation Strengths 51
8.4.3 Exxon Mobil Corporation Weaknesses 52
8.4.4 Exxon Mobil Corporation Opportunities 53
8.4.5 Exxon Mobil Corporation Threats 54

9 Profile of Chevron Corporation 56
9.1 Chevron Corporation, Key Information 56
9.2 Chevron Corporation, Company Overview 56
9.3 Chevron Corporation, Business Description 56
9.3.1 Business Overview 56
9.3.2 Chemicals 57
9.3.3 Downstream 57
9.3.4 Others 59
9.3.5 Upstream Segment 60
9.4 Chevron Corporation, SWOT Analysis 62
9.4.1 Overview 62
9.4.2 Chevron Corporation Strengths 63
9.4.3 Chevron Corporation Weaknesses 64
9.4.4 Chevron Corporation Opportunities 65
9.4.5 Chevron Corporation Threats 66

10 Recent Developments 67
10.1 License Rounds 67
10.1.1 Jan 14, 2010: Guatemala To Post Bidding Rules For Oil Blocks By Next Week 67
10.1.2 Nov 23, 2009: Guatemala To Conduct New Exploration And Production Bidding Round 67
10.2 Strategy and Business Expansion 68
10.2.1 Apr 09, 2010: Ecopetrol May Bid For Exploration Rights In Guatemala 68
10.2.2 Sep 18, 2009: World Energy Research To Move Into Energy Exploration In Guatemala 68
10.3 Other Significant Developments 68
10.3.1 Apr 26, 2010: Quetzal Energy Cases Atzam #3A As Potential Oil Well In Guatemala and Provides Update On Colombian Operations 68
10.3.2 Aug 12, 2009: Venezuela Signs Agreement With Guatemala For Supply Of Oil, Refined Products 69

11 Appendix 70
11.1 Methodology 70
11.1.1 Coverage 71
11.1.2 Secondary Research 72
11.1.3 Primary Research 72
11.1.4 Midstream Forecasts 72
11.1.5 Expert Panel Validation 72
11.2 Contact Us 73
11.3 About the Publisher 74
11.4 Disclaimer 74

List of Tables

Table 1: Guatemala, Historic and Forecast Production and Consumption of Crude Oil (Thousand Barrels Per Day), 1996-2020 10
Table 2: Guatemala, Historic and Forecast Imports of Crude Oil And Exports (Thousand Barrels Per Day), 1996-2020 12
Table 3: Guatemala, Historic Reserves of Crude Oil (Million Barrels), 1996-2009 14
Table 4: South and Central America, Investment Benchmarking, Overall Country Rankings, April 2010 16
Table 5: South and Central America, Investment Benchmarking, Upstream Fiscal Attractiveness, April 2010 17
Table 6: South and Central America, Investment Benchmarking, Oil Sector Performance, April 2010 19
Table 7: South and Central America, Investment Benchmarking, Economic Performance, April 2010 23
Table 8: South and Central America, Country Standings, Economic Performance, April 2010 24
Table 9: South and Central America, Investment Benchmarking, Socio-Political Performance, April 2010 26
Table 10: South and Central America, Country Standings, Socio-Political Performance, April 2010 26
Table 11: Guatemala, Crude Oil Key Statistics, 2009 28
Table 12: Guatemala, Total Gross Crude Oil Production (MMBBLs), 2002- 2009 29
Table 13: Guatemala, Gross Crude Oil Production by Type (MMBBLs), 2002- 2009 30
Table 14: Guatemala, Gross Crude Oil Production (MMBBLs), by Assets, 2002- 2009 31
Table 15: Guatemala, Gross Equity Weighted Crude Oil Production by Company (MMBBLs), 2002- 2009 31
Table 16: Guatemala, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2002-2009 32
Table 17: Guatemala, Active Oil Field Asset Details 33
Table 18: Guatemala, Planned Oil Field Asset Details 34
Table 19: Guatemala, Number of Oil Discoveries, 2004-2009 34
Table 20: Guatemala, Oil Discovery Details, 2004-2009 34
Table 21: Gautemala, Pipeline Key Statistics, 2009 37
Table 22: Guatemala, Crude Oil Pipeline Length by Company (Km), 2009 37
Table 23: Guatemala, Crude Oil Pipelines, 2009 38
Table 24: Guatemala, Oil and Chemicals Storage Key Statistics, 2009 39
Table 25: Guatemala, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2013 39
Table 26: Guatemala Oil and Chemicals Storage Capacity By Company (Thousand M3), 2000-2013 40
Table 27: Guatemala, Oil and Chemicals Storage Capacity (Thousand M3), 2000-2013 42
Table 28: Perenco, Key Facts 43
Table 29: Exxon Mobil Corporation, Key Facts 45
Table 30: Exxon Mobil Corporation, SWOT Analysis 50
Table 31: Chevron Corporation, Key Facts 56
Table 32: Chevron Corporation, SWOT Analysis 62

List of Figures

Figure 1: Guatemala, Energy Sector break-up, 2009 8
Figure 2: Guatemala, Historic and Forecast Production and Consumption of Crude Oil (Thousand Barrels Per Day), 1996-2020 11
Figure 3: Guatemala, Historic and Forecast Imports of Crude Oil And Exports (Thousand Barrels Per Day), 1996-2020 13
Figure 4: Guatemala, Historic Reserves of Crude Oil (Million Barrels), 1996-2009 14
Figure 5: South and Central America, Country Standings, Upstream Fiscal Attractiveness, April 2010 18
Figure 6: South and Central America, Country Standings, Oil Sector Performance by Reserves - Exploration & Production, April 2010 20
Figure 7: South and Central America, Country Standings, Oil Sector Performance, by Production-Consumption & Refining, April 2010 21
Figure 8: South and Central America, Country Standings, Exploration Blocks Awarded, April 2010 22
Figure 9: South and Central America, Country Standings, Economic Performance, April 2010 24
Figure 10: South and Central America, Country Standings, Socio-Political Performance, April 2010 27
Figure 11: Guatemala, Crude Oil Fields Map, 2009 28
Figure 12: Guatemala, Total Gross Crude Oil Production (MMBBLs), 2002-2009 29
Figure 13: Guatemala, Gross Crude Oil Production by Type (MMBBLs), 2002-2009 30
Figure 14: Guatemala, Gross Equity Weighted Crude Oil Production by Company (MMBBLs), 2002- 2009 32
Figure 15: Guatemala, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2009 33
Figure 16: Guatemala, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2013 40
Figure 17: Guatemala, Oil and Chemicals Storage Capacity By Company (Thousand M3), 2000-2013 41
Figure 18: Methodology 71