Mexico’s Pemex announces giant oil discovery

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Mexican state-owned petroleum company Petróleos Mexicanos (Pemex) announced on Friday the discovery of the Sen field in Nacajuca, Tabasco, with 536 million barrels of oil equivalent.

General Director of Pemex, Octavio Romero Oropeza, informed Mexican President, Andrés Manuel López Obrador that three other new fields are being developed in Tabasco: Cibix, in Jalpa de Méndez; Valeriana, in the municipality of Centro and Chocol, in the municipality of Comalcalco .

Romero Oropeza said that in the new strategy of the Pemex Business Plan, the exploration approach will focus on the development of commercial deposits of shallow waters and land basins; With this next year, 21 exploratory wells will be drilled in Tabasco, and by 2021, 24 more wells, waiting for an important incorporation of reserves.

He also said that with the new accelerated field development strategy, a substantial increase in oil activity is expected: well drilling and infrastructure construction for production management.

He said that the Quesqui 1 exploratory well was finished drilling on June 17 of this year, with a measured production of 4,500 barrels per day, with a potential of 7,500 barrels per day and the initial expectation of this field was a reserve of 40 million barrels of crude oil equivalent . “With the analysis of the information provided by this well and the seismic data of the area, we can confirm today the existence of a giant deposit of 500 million barrels of crude oil equivalent in 3P reserve,” he said.

He said that this 34 km2 field will be developed to achieve a production, with 11 wells, of 69 thousand barrels per day of oil and 300 million cubic feet of gas in the next year, and by 2021 reach a production of 110 thousand daily barrels and 410 million cubic feet of oil and gas respectively. ” Thus we will achieve a significant increase, and above all, very rapid production of hydrocarbons in the South Region,” he said .

Finally, the Director General of Pemex recalled that in the best times of the Southern Terrestrial Region, nearly one million barrels per day were produced. “With the expected new discoveries and the accelerated development of the new fields, it is estimated to increase oil production in the area, from 215 to 500 thousand barrels per day, at the end of this administration,” he said.

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