Learn more about Hart Energy Conferences
Get our latest conference schedules, updates and insights straight to your inbox.
Mexico’s state oil company Petróleos Mexicanos (Pemex) expects to ramp up light oil production from its recent Macuil #201 exploration well later this year, a company official said June 6.
“This is where we are applying our early production strategy…and working on construction of a pipeline that will allow [us] to bring production online from the well in December” 2023, Leonardo Enrique Aguilera Gómez, Pemex exploration sub-director, said June 6.
“Seismic processing applying state-of-the-art algorithms and technological concepts have allowed the company to improve underground images and strengthen the portfolio of exploratory opportunities in the Tabasco coastal region,” Aguilera said in a corporate video posted to Twitter by Mexico City-based Pemex.
The Macuil #201 exploratory well was drilled in a record 40 days without setbacks or problems, Pemex operations engineer David Salas Santos said during the video.
Pemex didn’t provide details or production estimates for the well. Its media department team didn’t immediately reply to an email request from Hart Energy seeking details.
However, initial production from the nearby Macuil #101 exploration well was 457 bbl/d, according to details in Pemex’s first-quarter 2023 operational report on its website. Pemex’s oil production, including condensates, was 1.85 MMbbl/d in the first quarter.
RELATED
Pemex Eyes Slight Uptick in 2024 Production
“The Tabasco coast, including the onshore region, has become strategic because it is where new production has come from,” Pemex CEO Octavio Romero Oropeza said in the video, speaking from the platform, called Tabasco, where the well was drilled.
In the Tabasco region, Romero said Pemex have identified 44 exploration possibilities with a prospective resource base of around 2 Bboe, which “could translate into work and production for many more years.”
Recommended Reading
E&P Highlights: Jan. 12, 2024
2024-01-15 - Here’s a roundup of the latest E&P headlines, including an SLB-Nabors collaboration and new contract awards.
Tech Trends: Halliburton’s Carbon Capturing Cement Solution
2024-02-20 - Halliburton’s new CorrosaLock cement solution provides chemical resistance to CO2 and minimizes the impact of cyclic loading on the cement barrier.
Tech Trends: SLB's Autonomous Tech Used for Drilling Operations
2024-02-06 - SLB says autonomous drilling operations increased ROP at a deepwater field offshore Brazil by 60% over the course of a five-well program.
E&P Highlights: Jan. 8, 2024
2024-01-08 - Here’s a roundup of the latest E&P headlines including the second biggest deepwater gas find of 2023 and new contract awards.
Activity Offshore Norway Expected to Remain Steady in 2024
2024-01-11 - The Norwegian Offshore Directorate provided updates on 2023 activity, including 14 wildcat discoveries and eight projects going online and urging exploration in frontier areas.