Crude Oil Production in Guatemala decreased to 9 BBL/D/1K in July from 10 BBL/D/1K in June of 2018. Crude Oil Production in Guatemala averaged 14.85 BBL/D/1K from 1994 until 2018, reaching an all time high of 28 BBL/D/1K in January of 2003 and a record low of 7.50 BBL/D/1K in July of 1994.
Crude Oil Production in Guatemala is expected to be 9.20 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Guatemala to stand at 9.38 in 12 months time. In the long-term, the Guatemala Crude Oil Production is projected to trend around 9.39 BBL/D/1K in 2020, according to our econometric models.
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