Pemex Announces New Oil Field Discovery in Tabasco
Drilling Activity Details
Geo Coordinate
Drilling Activity Summary
Description
According to Mexico City-based Pemex, the company discovered a new oil field, Quesqui, in the state of Tabasco. The reserves are currently estimated at up to 700 MMboe. The first test well in license area AE-0053-3M-Mez-calapa-03 was completed in mid-2019, and it produced approximately 4.5 Mbbl of oil per day. The company has been conducting a range of studies to determine the field’s viability. Current estimates of production are 110 Mbbl of oil per day. Pemex noted that the 34-sq-km field could be developed with up to 11 wells and could produce up to 69 Mbbl of oil and 300 MMcf of gas per day by 2021.
Description
According to Mexico City-based Pemex, the company discovered a new oil field, Quesqui, in the state of Tabasco. The reserves are currently estimated at up to 700 MMboe. The first test well in license area AE-0053-3M-Mez-calapa-03 was completed in mid-2019, and it produced approximately 4.5 Mbbl of oil per day. The company has been conducting a range of studies to determine the field’s viability. Current estimates of production are 110 Mbbl of oil per day. Pemex noted that the 34-sq-km field could be developed with up to 11 wells and could produce up to 69 Mbbl of oil and 300 MMcf of gas per day by 2021.